The U.S. is deep into a housing affordability crisis, exacerbated not by a lack of resources, but by crippling government overregulation. Data from Realtor.com reveals millions of vacant homes, tied up by bureaucratic red tape and restrictive zoning laws that discourage development and renovation. This is a clear case where government intervention has gone too far, stifling free-market solutions that could address the housing shortage and bring down costs for American families seeking a home.
Overregulation in the Housing Market: How Government Interference Keeps Homes Empty
All Versions
Jan-21
Economy
Score: 0.70
Regulations Keep Millions of Bedrooms Empty During a Housing Crisis by Howard Husock, Reason, January 17, 2025. Excerpts: The U.S. is facing a housing affordability crisis, and new data from Realtor.comhighlight an often missed contributing factor: millions o…
From Econlib.org
Jan-21
Economy
Left Variant
Score: 0.20
The ongoing affordability crisis in housing across the U.S. continues to escalate, exacerbated by the unchecked greed of real estate investors and large landlords. Recent data points to millions of vacant homes, a direct result of speculative practices and an alarming focus on luxury developments, all while ordinary American families struggle to find affordable housing. It's clear that without immediate government intervention to implement and enforce regulations that prioritize people over profits, the housing crisis will only deepen.
From Econlib.org