HOW WE GOT HERE, HOW WE ADDRESS IT AND THE DEMOGRAPHIC SHIFTS THAT WILL IMPACT WHAT AND WHERE WE CALL HOME
Robert Dietz, NAHB chief economist, links the housing shortage to five Ls:
2) Lots
Whether it is a single-family subdivision, an apartment block or urban infill residential, land must be available for housing and difficult zoning rules make it prohibitive to build even when land is assembled.
Dietz said land-use rules have been so
restrictive, that the land development sector shrunk by 50 percent coming out
of the Great Recession of more than a decade ago.
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