The Market Alone Can’t Fix the U.S. Housing Crisis

Unaffordable housing is a major drag on the economy. Here’s what governments — and businesses — can do to meaningfully improve the situation.

But what will it take to fix this problem? Will market-based solutions suffice? If not, what kinds of interventions are necessary? Recent research shows that the market itself needs to be fixed. Any plan to overhaul the housing market needs to, first, confront the power of landlords to raise rents. Second, it requires rethinking public governance of housing markets behind simplistic prescriptions to just free the housing market from government regulation, assuming lower rents will follow.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China regulates bond market based on market principles, state media saysChina regulates bond market based on market principles, state media says
Source: Investingcom - 🏆 450. / 53 Read more »

China's PDD suffers $40 billion market cap wipeout after flagging an uncertain marketChina's PDD suffers $40 billion market cap wipeout after flagging an uncertain market
Source: Investingcom - 🏆 450. / 53 Read more »

Jim Cramer cuts through the market's ‘doom and gloom' as the market waversCNBC’s Jim Cramer on Wednesday tried to quell investors’ fears of a recession.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

South Korea market watchdog highlights pension fund's role in market reformsSouth Korea market watchdog highlights pension fund's role in market reforms
Source: Investingcom - 🏆 450. / 53 Read more »