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Real Estate
Reply to "WSJ: rapidly growing mismatch between the price of available housing inventory and demand"
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[quote=Anonymous][quote=Anonymous]We need to expand affordable housing, increase density by changing zoning laws, in places that increase accessibility to transit. And yet instead, all the new developments seem to be either giant mcmansions way far out there, or giant new 1-bedroom apartment buildings in urban neighborhoods. [/quote] It's not even a matter of zoning- it's the size of the house and the price. Houses are too big and prices too high. A 500k, 1500 sq ft house is demolished for a 1.5 million 5000 sq ft house for instance. [/quote]
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