Strategies for increasing affordability often involved trade-offs between various goals and impacts. It is important to consider all of these factors when evaluating potential solutions to unaffordability.
Earlier this year, the U.S. Department of Housing and Urban Development devoted an entire issue of a quarterly newsletter to land use regulations and the idea that local laws are strangling the nation's supply of affordable housing.
Cities like San Francisco or New York can suck up all the oxygen for the conversation about housing affordability in the U.S. Meanwhile rapidly growing cities like Nashville, where the scope of a crisis of affordability is no less dire.
The Let's Move Nashville plan would spend $9 billion (including $5.4 billion for capital costs) to build a new transit network in the quickly growing city of Nashville. Voters will decide if the plan is worth the cost.
The Washington Post examines "missing middle" housing as a solution for retaining millennials in cities and interior suburbs. There is still some question, however, about whether millennials are actually leaving urban areas.
The speculation about a planned transit investment program in Nashville began in August, and now the mayor is throwing full support behind a referendum that would raise four kinds of taxes to pay for a $5.2 billion in transit investments.
Nashville stakeholders are increasingly concerned by a post-Recession wave of real estate investment trusts buying up all the housing stock in neighborhoods gutted by the foreclosure crisis. The trend extends to other Sun Belt cities as well.