By John McManus | Builder
Two factors contribute most to a bigger and bigger wedge between household wages and housing costs.
One is local, regional, and national regulation burdens. The other is the lash of counter-productive building, outmoded processes–rigidly hardwired practices, in place due to entrenched interests, laws that date back to the dark ages of community planning, and old-school, quid pro quo business arrangements.
Importantly, remember, both of these issues and their crux–affordable dwellings for multiple economic tiers of households–mean the most to those people who are priced out of housing choices in places they’d like to live. It’s worth our making note that affordability may not feel like a critical issue for many, many organizations in our business community right now.
