A new report by Oregon economist Randall Pozdena demonstrates “that those states that fail the affordability and supply adequacy test are overwhelmingly those with documented adoption of one or more aggressive anti-sprawl growth regulatory initiatives.” In other words, growth management, not single-family zoning (which is found in all 50 states) makes housing unaffordable.
Click image to download a copy of this study.
Pozdena shows that housing is in short supply — that is, new home construction is not keeping up with population growth — in just 23 states. Housing is getting expensive and unaffordable in those states but not in the other 27. Continue reading
