3min chapter

Capitalisn't cover image

Why America's Poor Remain Poor, With Matthew Desmond

Capitalisn't

CHAPTER

The Importance of Addressing Exclusionary Zoning

The cost of housing is driven by two factors. Number one is the resistance in building more. Not in my backyard policy have been really a major obstacle to the supply of new constructions. Many cities, Toledo, Tucson, Houston, even have decent vacancy rates and are still seeing real pressures on the rents. And so I think that there are many drivers to the rental crisis that aren't fully understood yet.

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