Where Affordable Housing is not an oxymoron…
There are areas in this country where housing is affordable that offer an astonishingly high standard of living to ordinary Americans. Four of the fastest growing cities in the nation, Atlanta, Dallas, Houston and Phoenix all provide an ample supply of homes which keeps costs low. I’ve talked about Dallas in earlier posts.
A posting in Crosscut on the low housing prices in Chicago goes on:
The answer, according to this interview with Glaeser, director of Harvard’s Taubman Center for State and Local Government, is that Chicago is extremely pro-growth. Instead of layering on more and more land-use and design controls, Chicago has a pro-growth environment, and all those new housing units help keep the prices down. - Crosscut
Or, we can continue to make housing even less affordable with layers of regulations, impact fees and restricting the supply of land. Then, as we lament the cost of housing, we can simply tax ourselves to create a very small amount of subsidized affordable housing at the highest possible cost to society. At least we have choices…
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