Across the country housing prices are skyrocketing to record highs, effectively pricing millions of people out of buying their first homes. This video looks at how this lack of supply in the face of soaring demand can be attributed partly to American zoning laws, which can have the cumulative effect of raising housing costs for everybody.
Questions:
- How have American zoning laws contributed to the current lack of affordable starter homes?
- Do you think zoning laws against multi-family housing should be relaxed in some areas of the country? Why or why not?