Understanding Urban Housing Affordability

This chapter explores the widespread issue of housing affordability in U.S. urban areas, revealing that high costs are not limited to major cities like New York and San Francisco. It discusses the impact of zoning laws, economic growth, and historical policies on the availability and cost of housing, while also examining potential solutions such as upzoning and inclusionary zoning. The chapter underscores the complexities of balancing developer interests with the need for affordable housing, shedding light on the broader implications of these challenges for urban development.