Reply to The median Boomer has a housing cost of $612. That includes taxes and insurance.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We need to build more houses to satisfy demand. That’s not happening.[/quote]

It’s a great point that the article only barely grazed. One commenter pointed out:

[quote][i]
The implosion in home building since the financial crash deserves much more than a sentence here.

According to data from the St. Louis Fed, in the 16 years before the crash (1992-2007), an average of 1.26 million single family homes were completed in the US each year.

In the 16 years after the crash (2008-2023), an average of 0.74 million single family homes were completed in the US each year.

That's a reduction of more than 41%.
That might have something to do with housing prices and supply.[/i][/quote]

We need a President who will commit to building at least 1.5m housing units per year. It needs to be a nationwide effort in urban, suburban, ex-urban, and rural communities. Most importantly we need existing homeowners to get the hell out of the way so we can get these homes built near job centers. It’s going to require upzoning in all areas of the country. Even in rural areas, you have intense opposition to ANY multi family residential development. [/quote]

There’s commitment and there’s doing.  Arlington adopted an Expanded Housing Opportunity policy with no idea how to implement it.  Private developers had to show them how to make the policy work.  Why not?   They are benefiting the must from the policy.

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