Planet Money

How to fix a housing shortage

38 snips
Aug 30, 2024
A hopeful developer shares his vision for affordable and energy-efficient apartments in Minneapolis. As he navigates the housing shortage, he encounters community opposition and red tape. The clash between NIMBYism and YIMBYism reflects the deep-rooted challenges facing urban development. Amid reform initiatives, construction halts unexpectedly, revealing a struggle to balance community needs and the urgency of increasing housing supply. Through humorous anecdotes, listeners gain insight into the complexities of sustainable housing amidst socio-economic dilemmas.
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ANECDOTE

Missing Middle Housing

  • Cody Fisher, a developer, wants to build a 32-unit apartment building in Minneapolis.
  • This "missing middle" housing is meant to address the city's housing shortage.
INSIGHT

Eliminating Single-Family Zoning

  • Minneapolis's 2040 plan eliminated single-family zoning, a first for major US cities.
  • This encourages denser housing like duplexes, triplexes, and apartments.
ANECDOTE

New Building, Neighborhood Opposition

  • A new four-story, 23-unit apartment building was built on a single-family home lot.
  • It showcased sustainable features, but faced neighborhood opposition.
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