A fair market. A little muscle on the monopolies.
Trick, or ignorant question.
The left has destroyed the notion of ‘single-family homes’ as a result of their policies.
For many states, the only answer to the larger question of affordability under the current paradigm - speaking strictly of home ownership - is cohabitation & ‘multi-family dwelling’ (aside from the obvious “smaller dwelling”).
Easy. Deport all the illegals. This will create a housing surplus and drop cost.
How about stable marriages, where people share space and costs? That’s what was done in my father’s day, when 3 generations under a roof were common.
That would free up a lot of housing.
eliminating depreciation on investment properties that owner occupied
I looked at all the replies. Some good ones.
But one obvious solution was not mentioned.
Stop voting democratic/socialist.
An improved economy, lower tax structures, reduced unemployment and a stable social structure will improve our housing problems. In other words stop doing liberal crap that harms our housing issue and the country as a whole.
“The tragedy of the commons is a metaphoric label for a concept that is widely discussed in economics, ecology and other sciences. According to the concept, should a number of people enjoy unfettered access to a finite, valuable resource such as a pasture, they will tend to over-use it, and may end up destroying its value altogether. Even if some users exercised voluntary restraint, the other users would merely supplant them, the predictable result being a tragedy for all.”
https://en.wikipedia.org/wiki/Tragedy_of_the_commons
1. Builders could build and young buyers could accept more “starter” homes. The average size of houses in the United States has increased from 831 square feet in 1790, to 945 square feet in 1910, to 2,496 square feet in 2019. Over the same time range, the number of people living within each house has decreased. Housing is reching the end of the splurge of the Federal Reserves cheap money printing presses.
2. States and localities need to get out of the zoning game (Houston has no real zoning) and get out of the massive housing permit costs and requirements (making money off the permitting process as revenue makers more than an essential service). Some states are doing a good job on this and some are doing a horrible job on this. Friends who were building a house in California were told by their bank and their housing contractor that permits and fees alone would be about $35 thousand of the house’ costs.
My parents started off with an apartment......
Stop paying $10 for a cup of coffee ,,? Live thrifty and save..save ...save.