Whether it`s in the for-sale or rental market, the affordable housing crisis is only getting worse. There is simply not enough supply, especially in the apartment market, where developers have said it`s just too expensive to put up quality, low-income housing.
They cite rising costs for land, materials and labor, as well as increasingly restrictive zoning regulations. So-called NIMBYism (an acronym for "not in my backyard"), is also on the rise, with residents fighting affordable housing in their neighborhoods, where home values have soared in the past five years.
They cite rising costs for land, materials and labor, as well as increasingly restrictive zoning regulations. So-called NIMBYism (an acronym for "not in my backyard"), is also on the rise, with residents fighting affordable housing in their neighborhoods, where home values have soared in the past five years.
- Housing developers have said it`s too expensive to put up quality, low-income apartments.
- They
cite rising costs for land, materials and labor, a well as increasingly
restrictive zoning regulations. So-called NIMBYism (an acronym for "not
in my backyard"), is also on the rise.
- Jonathan Rose, founder and CEO of the Jonathan Rose Companies, said there`s support for affordable housing and relief may be on the way.
RSK: The article says the US is behind 10 million housing units. My question is where are these people living now and who are they. Is the mass flux of immigration part of the problem? Homelessness?
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- - Volume: 25 - WEEK: 32 Date: 8/5/2025 2:13:05 PM -