03-06-2023, 06:26 PM
Indeed. The buying power for many other things is significantly better than it was 20 years ago.
Zoning (for land availability) and inflexible building codes (for construction) are largely to blame for unreasonable housing costs. (The lack of affordable housing is another dimension, and is affected by housing prices in general as well as the lack of government funding for affordable housing construction.)
Zoning (for land availability) and inflexible building codes (for construction) are largely to blame for unreasonable housing costs. (The lack of affordable housing is another dimension, and is affected by housing prices in general as well as the lack of government funding for affordable housing construction.)