Yellen announces efforts to boost housing supply as high prices create crunch

2 comments

1. Lift zoning restrictions. Stop allowing local communities to dictate what is allowed to be built in the town. Of course local town that vote to keep everything single family zoned only, they don’t see the long term returns for increasing population, the only see the short term housing prices dropping.

   Increase expenditure on public transportation, especially suburbs to cities. Give people a reason to move to suburbs that have a direct train lines within 45-60 min from city. Suddenly, you will increase demand.

   Lastly, as the suburbs start building up, not outward, invest in green, parks, and recreational areas. People aren’t leaving cities to live in another city. Give them rural area with mid size buildings

2. Deport 15 million illegal immigrants and make home investing for both short- and long-term rentals less attractive. Housing market fixed.