[toomuchtodo]

It will take years to bring supply online. There is no short term fix to build millions of housing units. Also, solving housing affordability drives down real estate prices. Not great as a politician depending on your constituency.

[dragonwriter]

> Also, solving housing affordability drives down real estate prices

Solving housing affordability drives down average per unit real estate prices, obviously, but its likely to increase both land prices and as-improved prices on existing detached single-family residential units.

[Moldoteck]

They could at least abolish zoning on national lvl, or releax it + abolish parking requirements

[dragonwriter]

> They could at least abolish zoning on national lvl, or releax it + abolish parking requirements

No, no court is going to buy a federal anti-zoning law as within Congress’s Commerce Clause powers.

[jeffbee]

The United States builds millions of new homes every month. To increase that rate by 50% or 100% would not be so difficult.

[dpkirchner]

It's more like 100k-200k homes completed per month: https://fred.stlouisfed.org/series/COMPUTNSA

[toomuchtodo]

Additional citations: https://www.axios.com/2023/06/20/housing-shortage-prices-hig...

https://www.freddiemac.com/research/insight/20210507-housing...

> As of the fourth quarter of 2020, the U.S. had a housing supply deficit of 3.8 million units. These 3.8 million units are needed to not only meet the demand from the growing number of households but also to maintain a target vacancy rate of 13%. Between 2018 and 2020, the housing stock deficit increased by approximately 52% (See Appendix 1 for detailed calculations of the Housing Supply Deficit).