Housing Innovation Faces Many Barriers

ConclusionRegulatory reform is a necessary requirement for improving U.S. housing access and affordability. While companies in the private sector have championed new ways to develop housing to meet changing demands in the face of constraints, current regulations not only limit traditional housing production but also limit innovative ideas meant to act as an alternative. Policymakers should pay closer attention to existing barriers to housing innovations and work to identify and eliminate them.Special thanks to Yujin Lee for co-authoring portions of this post.[1] The Department of Housing and Urban Development (HUD) ’s national building code requires manufactured homes be built on a permanent chassis.
Source: Cato-at-liberty - Category: American Health Authors: Source Type: blogs