A Quote by William Baldwin
A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.
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I think housing is not a simple commodity because we are so in short supply of land. So the government has a role to play in providing housing - decent housing and affordable housing - for the people of Hong Kong.
I do know that homelessness is related to housing, and we haven't been producing housing in the numbers that our community requires - a lot of the escalating costs of housing is related to the fact that supply is way short than demand.
One area in which we can be certain mass immigration has an effect is housing. More than one third of all new housing demand in Britain is caused by immigration. And there is evidence that without the demand caused by mass immigration, house prices could be 10% lower over a 20-year period.
We can't keep limiting ourselves when it comes to housing. Affordable housing and teacher housing are too crucial to let the failed policies of the past get in the way.
The Boston's government approves housing projects every month and we're constantly approving opportunities to build more housing. And Boston is one of the hottest cities in America where people want to live. And it's important that we continue to build this housing and to keep up with the demand that we have in the communities.
When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.
While it's absolutely important that we build housing for our low-income residents, when we are talking about opening up hundreds of sites for housing, we should be trying to build affordable housing for all of our residents struggling to pay rent. That means housing for teachers, for nurses, for janitors.
Politically, sometimes you get situations where rent control will go through. It is especially true in an emergency, where there is a sudden, sharp increase in demand for housing or a cut back in supply. People will simply not allow the marketplace to allocate housing resources and so you get pressures for rent control. Once you have it, it is hard to eliminate.
We all know that housing prices are going up, but what most people don't realize is that this has become a family problem. Housing prices are rising twice as fast for families with kids.
Do we believe housing is a right and that affordable housing is part of what it should mean to be an American? I say yes.
I have been looking at a number of things in affordable housing because I do know that the price of housing has gone up a lot.
Contrary to the vision of the left, it was the free market which produced affordable housing - before government intervention made housing unaffordable.
One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.
Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.
The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they're going to want their apartments and homes. And that's when you'll start to see a recovery in home prices.
We're moving from a generation who gave little thought as to the built environment and accepted housing that was neither pleasant to look at, nor to live in or around, to a new century where there's a real desire for housing that's affordable, flexible, and places community at the heart of its thinking. For architects and the public it's an enticing prospect.
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