
Mike Simonsen on the housing affordability crisis
HousingWire Daily
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Unpacking Housing Affordability Crisis
This chapter explores the systemic factors that have led to the housing affordability crisis in America, focusing on policies that prioritize existing homeowners. It examines the complexities surrounding potential solutions and the challenges faced at the local level, while also considering the broader implications of tax structures on housing supply and affordability. A case study of California's Proposition 13 provides insight into how taxation policies shape homeownership dynamics across states.
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