Planning system is root of housing problems – reform it now

Planning system is root of housing problems – reform it now

Extended delays caused by third-party objections are ramping up building costs and causing housing supply shortages

Supply, Supply, Supply. There’s an interesting idea around that is kind of counterintuitive: increased supply doesn’t lower prices, because supply was ramping up in the early 2000s and prices also rose back then. This is used as a common pushback against people who believe that fixing the housing problem mostly hinges on increasing supply, irrespective of how it’s done or who does it.

To an extent, both of the prior statements are...

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