BISNOW: Study Finds NIMBYism, Construction Costs Largest Barriers to New Housing | Urban Villages

Uncategorized/ 10.28.19

BISNOW: Study Finds NIMBYism, Construction Costs Largest Barriers to New Housing

At its heart, the problem is simply supply and demand: The cost of housing won’t go down until there is more housing. But building new housing is becoming more expensive and more rigorous every day. As the need for affordable housing grows, land and labor prices are shooting up. Community resistance is calcifying, making it harder than ever to build the dense residences that are the best solution to the housing shortage…continue reading original article