By Joel Kotkin & Wendell Cox, RealClearInvestigations
May 27, 2025 The housing affordability crisis is not just an American phenomenon, Joel Kotkin and Wendell Cox report in the first of two articles on housing for RealClearInvestigations. From San Francisco to Stockholm to Sydney, restrictive land-use policies, rather than population growth or technical limitations, are the primary drivers of the current housing shortage and price inflation, threatening middle-class prosperity and the foundations of democratic societies.
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