The housing shortage that policymakers are looking to solve is real. However, doubling down with more government subsidies for new apartments isn’t the answer.
Home prices continue to rise, as do mortgage rates. Meanwhile, people continue to flock to Georgia, increasing the competition for reasonably priced homes.
The research for Georgia finds that an average of 23.4 percent of the cost of multifamily housing can be attributed to federal, state and local regulation.
It’s Friday! Quotes of note “Since there is no such entity as ‘the public,’ since the public is merely a number of individuals, the idea that ‘the public interest’ supersedes […]