Our conservative friends have a generous take on local housing issues . . .
Meanwhile . . .
Market watchers notice a spike in foreclosures, sketchy loans and fewer purchases.
The reality . . .
NOBODY CAN AFFORD A HOUSE ANYMORE!!!
Boomers are sitting on property Millennials can't compete.
Interestingly . . .
Even JoCo is attempting to lure KCMO home buyers out of desperation.
This missive argues against regulation . . .
But bigger market forces are now playing a bigger part in the local building game . . . And local activists are just a symptom of U.S. destabilization in so many forms.
Still, we mostly agree with this insight and wanted to share it . . .
"Kansas City has wrestled with housing affordability and tenant protections for years. Activists often push for stricter rules on landlords. But these approaches treat symptoms, not causes. When developers can’t build efficiently due to restrictive zoning, long permitting delays, or uncertain rules, the supply crunch only worsens."
Read more via www.TonysKansasCity.com link . . .
Want Cheaper Housing? Create More Units, Not More Rules
If Kansas City is serious about affordability, it needs to stop chasing complex fixes and start enabling more housing.
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