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How the zoning of villas in suburban suburbs limits the supply of housing

How the zoning of villas in suburban suburbs limits the supply of housing

The suburbs of the United States are expanding again.

Last year, 1,123 million detached houses were built. the highest since 2006, according to the National Association of Home Builders, the options for potential buyers are still narrow.

Experts say the problems in the US housing market are linked to previous political decisions. In particular, they say restrictive zoning limits the supply of housing. These codes are based on the 1930 Federal Housing Administration Guidelines on Mortgage Insurance. It includes “no sidewalks and winding dead ends,” according to Ben Ross, author of “Dead End: Suburban Sprawl and the Rebirth of American Urbanism.”

Ross and others believe that more needs to be done to steer the development of housing. Ross lives Montgomery County, Maryland, who recently revised its zoning to bring more population density to the area. The county did not have many other options – 85% of building land is already developed.

Strict zoning laws that are favored for detached houses have limited the supply of plots available for multi-family houses and hindered the production of cheaper housing. With limited land for multi-family house construction, the price of such land has risen and made such construction unmanageable for builders.

Homebuyers today are paying for the spread of the past by using credit to finance their lifestyle. Meanwhile, the cost of maintaining public infrastructure weighs on the depopulation of cities across the country.

If not, how does it shape the US economy? Watch the video above to find out.

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