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Would End to Single-Family Zoning Fix Housing Affordability?

Thursday, Dec 19 2019
Lending
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Abolishing single-family zoning could be a solution for the lack of an adequate supply of entry-level homes, conservative think tank American Enterprise Institute said in a new MarketWatch op-ed.

If local governments allow two- and three-family structures amid single-family homes, housing stock could rise by 10%, AEI said.

The think tank also unveiled its new AEI Carpenters Index, a measure of entry-level housing affordability. The least affordable areas including San Diego, Los Angeles, and Denver, according to the index, while the most affordable include Chicago and Detroit.

Read the full op-ed from MarketWatch.

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