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.
China Railway, which had agreed to put up $100 million for XpressWest to build a 230-mile, 190 mph train from Victorville, Calif. to Las Vegas last September, withdrew from their agreement, primarily due to the inability to use their own trains.
The China Railway International Group, working with the Chinese Export-Import Bank, responded to the California High-Speed Rail Authority's "expressions of interest." They teamed up with China Development Bank to beat out the Japanese in Indonesia.
America's third planned high-speed rail line received good news on Sept. 17, by entering an agreement with China Railway Group to receive $100 million to start building the 230-mile line from Victorville, Calif. to Las Vegas.