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Bloomberg: Zoning reform alone won’t make housing more affordable

Bloomberg, February 4th, 2019: Zoning reform alone won’t make housing more affordable

During the past few years, it has become clear that housing affordability is a major challenge facing the U.S. Rent is consuming an increasing percentage of consumers’ paychecks.

The problem has become especially acute in big cities and technology hubs like San Francisco.

One of the most popular solutions being proposed is zoning reform. Rules that limit density — especially single-family zoning — restrict the amount of housing available near a city center, and make it difficult for people of modest means to live near transportation hubs and employers.

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