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by Eridrus
3160 days ago
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Not sure if this in your wheelhouse, but I would love to see a good report on the cost breakdown for new housing. From my own research looking at NYC it looked like new construction was surprisingly expensive and stuff like https://www.citylab.com/equity/2017/10/why-is-affordable-hou... isn't exactly encouraging. My basic gut feeling is that if we can't make housing cheaply we are never going to have enough in a city going through a boom. |
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Governments action can put downward pressure on all elements except materials. Land (increase supply of zoned capacity) and permitting are the low hanging fruit. Labor reforms will take much longer.