John Petro counters Joel Kotkin's views that America's post-bubble housing policy should be "a renewed quest for homeownership."
In this op-ed from the Drum Major Institute for Public Policy, John Petro states that "there is nothing sustainable about our current housing model" and that a "new direction" is needed. He is particularly scornful of Joel Kotkin's admonishments that a more balanced housing policy is "a way for 'new urbanists', 'big-city theoreticians', and even 'the fashion police' to force people out of their leafy bungalows and into drab apartment blocks. [Kotkin] seems to be defending homeownership, but really he's defending suburbs."
Instead, more diverse housing stock, dense living arrangements and more tenure options will "create better neighborhoods for everyone."
FULL STORY: After the Bubble: A New Direction for Housing
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