https:\/\/www.vox.com\/22464801\/housing-bubble-market-crash-supply-shortage-great-recession<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"“There aren\u2019t enough homes to meet the demand for would-be homeowners, and there aren\u2019t enough homes to meet the demand for renters. The US needs to build enough housing to support the number of people who need a place to live. And to do that, it needs to change local zoning laws that seek to prop up current homeowners\u2019 investments by preventing more dense housing from being built. If it doesn\u2019t, prices will continue to rise.”<\/p>\n
…<\/p>\n
“The biggest concern is that when you want to move to a new job, there might not be a house to buy or a place to rent for you and your family. That when your kids grow up, there will be zero homes available nearby for them to live in. That when your parents want to downsize, or are unable to afford their mortgage on a fixed income during retirement, they\u2019ll be forced to move out of their community because there are no available places to live.<\/p>\n
This is a crisis of our own making. The housing frenzy that accompanies the current moment is a byproduct of turning an asset that could be widely available into a scarce one. It\u2019s up to local, state, and federal authorities to reverse that trend quickly or face the consequences.” <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[611,270,551,739],"class_list":["post-5552","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-bubble","tag-housing","tag-regulations","tag-zoning"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/5552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5552"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/5552\/revisions"}],"predecessor-version":[{"id":5554,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/5552\/revisions\/5554"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}