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Fox hosts forced to grudgingly admit economy booming under Biden
(www.msnbc.com)
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this post was submitted on 04 Feb 2024
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Most of the housing crisis needs to be solved at the local level. Zone for density, support social housing (where the city builds the houses rather than developers), design walkable neighborhoods, and support public transportation.
The federal government can play with interest rates, regulate banks, and provide funding for cities to do the above. It certainly affects things, but it's highly abstracted from the actual work of getting more people into affordable housing.
I agree zoning is a big one.
There are some top-down factors that need to be addressed in my view; chief among them is cracking down on rental properties, and foreign investors/ownership.
Another facet to this is the deterioration of small and rural communities across the country. We have a massive amount of land and yet the population density in certain hot-spots is off the charts. In this respect, I think we need an investment in bridging the rural-city divide. That means promoting work-from home jobs with federal tax incentives, high-speed rail infrastructure akin to the Interstate system that helps link the rural communities to the cities, and high-speed internet for all akin to the investments FDR made for rural communities in bringing electricity to the masses (The REA).
The ultimate effect of this will be de-congest cities where stress is high, bring people closer to nature, and tap into unused land and foster smaller more tightly-knit communities that aren't so disconnected from the world.