US is Struggling to Build Affordable Housing
America’s housing affordability crisis may be about more than high mortgage rates and restrictive zoning. Boston Fed Principal Economist and Policy Advisor Paul Willen says soaring construction costs are making many new housing projects financially unworkable, even after they’ve already won approval. He points to research showing construction productivity has barely improved in decades, even as…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
