[quote=FlyerInHi]
I think that zoning, building codes, and lack of supply of new houses, have much more to do with prices.
There’s a “housing establishment” that’s used to doing certain things that acts to protect its way of life. If we had innovative prefab houses and looser zoning restrictions, house prices would drop.
If you could put a prefab container house in your backyard, you could rent it out to a single tenant who would enjoy a nice modern, comfortable space.
Creative thinking can help solve the housing shortage very quickly.[/quote]
I totally agree with this 100%. If you want lower housing price, just loosen up the zoning laws. It’s simply supply and demand. If you loosen up zoning law to allow more supply, that would drive down price. If we prefab houses in a factory and ship to the location, you can also lower the cost of building the house as well.
