Q: Why doesn’t the market produce enough affordable housing where people want it?
By Shelterforce Posted on October 15, 2013
Location, location, location… The value of housing is tied to location. In desirable locations there is a limit to how much housing can be created. Some of this is due to regulation. Some of it is due to speculation (i.e. people holding units off the market hoping for windfalls). Some of it is just the limits of physical space.