How the US made affordable homes illegal
The rules that keep American housing expensive. Subscribe and turn on notifications (🔔) so you don't miss any videos: http://goo.gl/0bsAjO Over the past year, housing prices in the US rose precipitously. Low interest rates and millennials’ entry into the market spiked demand across the nation, leading housing prices in some cities to increase by more than 20 percent in one year, and crushing the dreams of many would-be homeowners. But housing prices in the US were a problem long before 2020 — and while demand is a big part of the story, there’s an even bigger reason it’s increasingly difficult for Americans to find affordable housing: We don’t have enough houses. According to one estimate, the US is now facing a nearly four-million-home shortage. And the primary reason for that shortage is what’s called exclusionary zoning. Zoning laws are the local rules and regulations that decide what types of homes can be built where. These rules can sometimes have good intentions. But they also have a dark history in the United States as a tool to keep certain races, religions, and nationalities out of white neighborhoods. And while zoning laws in the US are no longer explicitly racist, their effect remains basically the same: to keep affordable housing, and the people who need it, away from the wealthiest Americans. Today, in the majority of the US, especially in cities with good jobs, it’s illegal to build many affordable types of housing. And it’s led to a widespread affordability crisis. Watch the video above for more. Sources: Jerusalem Demsas reports on housing policy for Vox, and she’s written a ton about this issue: Houses are getting more and more expensive. There’s a simple fix for that: https://bit.ly/3CVcJLW What it’ll take to fix America’s housing rules: https://bit.ly/2XrjGUN The housing shortage is making discrimination a lot easier: https://bit.ly/3CLXkhb Why the housing market boomed despite the recession: https://bit.ly/37OpeLe The zoning maps in the video came from UC Berkeley’s Othering & Belonging Institute: https://bit.ly/3iOWvMs Other data sources: Redfin: https://bit.ly/3jZ4SV5 Freddie Mac: https://bit.ly/2VX9bYY US Census Bureau: https://bit.ly/3ARS6yJ Subscribe to our channel! http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out https://bit.ly/2pbP3OU. Watch our full video catalog: http://goo.gl/IZONyE Follow Vox on Facebook: http://goo.gl/U2g06o Or Twitter: http://goo.gl/XFrZ5H
Popular Posts
-
http://youtu.be/PncIfQQoGI8 I apologize for looking kind of insane in this vid. Here is the album! новая музыка: Itunes: http://apple.co...
-
http://youtu.be/u5hGxtF-NuM Here's the link that goes with the post: http://bit.ly/1sFtrKt Get The Tea: http://bit.ly/1OycTZg Need F...
-
Scott Pruitt, President Donald Trump's controversial appointment to head the EPA, spelled out his vision for the agency at a key gat...
-
-
California lawmakers have passed a bill banning private prisons in their state that will also lead to the closing of at least four immigr...
-
INTERACTIVE ADVERTISING AT ITS BEST! Your ads not only get seen, they get shared. People ignore ads these days, this will get atte...
-
http://youtu.be/Y_NSb5-RHqI WASHINGTON The Federal Bureau of Investigation is allowed to seek journalists' phone records with the ap...
-
Israel and US issue veiled warnings to Iran Prime Minister Naftali Bennett and the US issued veiled threats against Iran on Wednesday from...
-
Facts about Jeffrey Epstein's suspicious suicide, Epstein's alleged co-conspirators and who financially backed Epstein's fort...
-
The mayor of Aleppo has hit out at the international community for failing to halt government and Russian airstrikes on the city. Read m...
No comments:
Post a Comment
For Purchases and Marketing help, please use our email form.