CITYBUILDER Brief: Stein Signs Housing Executive Order
NC Governor coordinates state housing response; NYT launches housing cost map. Book club May 28.
On the National Radar:
New York Times Shows How Restricting Housing Drives Up Prices
What happened: On May 18th, the New York Times published an interactive map of housing costs relative to area median income across the United States. When paired with graphs like the one above, the trend is clear: cities that allow more housing to be built have lower housing costs than cities that limit home construction.
Consistent findings: This NYT analysis joins the mountain of evidence that increasing housing supply is the most important factor in lowering rents and home prices. Explore the map here.
