TIL

[timelets]

https://www.nytimes.com/2024/06/08/headway/how-an-american-dream-of-housing-became-a-reality-in-sweden.html

While nearly every other industry has become more productive since 1968, productivity in home-building — the amount of work done by one worker in one hour, essentially — has declined by half. The country is barely building enough to maintain the status quo, which is some four million units short of need, according to Freddie Mac.

This is mostly due to regulations.

The barriers to building housing fast... weren’t technological, but institutional.

If I were the president...

Comments

[tijd]

"We will take down barriers and cut red tape"

Cut Red Tape and Needless Bureaucracy. These plans will build on the Biden-Harris Administration’s efforts to cut red tape and enable more home building to bring down housing costs—which have advanced record levels of new home construction. Pushing this forward also means streamlining permitting processes and reviews, including for transit-oriented and conversion development, so builders can get homes on the market sooner and bring down costs.
https://mailchi.mp/press.kamalaharris.com/vice-president-harris-lays-out-agenda-to-lower-costs-for-american-families

[timelets]

ok. this is better.