Artificial price caps distort supply and demand and lead to shortages. The answer is more supply, especially removing zoning rules that prevent higher density.
A lot of people mentioned affordable housing is a big issue. Would capping the amount of house price increases annually be acceptable or too much government over reach? Like a certain percentage that sellers could not go past.
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We have over 1 million vacant homes in the US. The supply is not the issue.
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I don't like that idea at all. For a lot of people it's their only investment.
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Too much over reach. Need common sense mortgage qualification regulations and government loan guarantees for low to moderate income buyers
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Update building codes to accommodate alternative living options like tiny houses in population dense areas with high real estate prices.
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Over reach
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I think it's over reach but I don't know what to do. My taxes have almost tripled in 7.5 years.I live in the fastest growing county in Ohio. Rich people trying to escape Columbus are buying houses here for twice/worth and the city is loving it but most of the residents don't.
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Wow that is crazy. Something has to be done. Wages staying the same and sky rocketing housing prices something has to give.
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I would think issue of wages not keeping up with cost of living being a major variable, along w gov, business, & education doing a poor job of keeping up with reality of job market.
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You know, if you prepare a child to be a rational adult, that adult can figure out how to get what he wants. The prep is the key. And no one is ever an island
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