Day: February 3, 2022

Why Making Minimum Residential Building Sizes Can Make Housing More Affordable

Why Making Minimum Residential Building Sizes Can Make Housing More Affordable

Why Making Minimum Residential Building Sizes Can Make Housing More Affordable

02/03/22

“Why can making minimum residential building sizes smaller make housing more affordable?”

The bigger a house is, the more likely it will be more expensive. If minimum residential sizes in a neighborhood require large lot sizes, then it will probably be more expensive to live there. But with the rising housing crisis and the ongoing dearth of construction, such a steep requirement for building new housing is something that must be overcome. Instead, communities should look into making minimum residential sizes smaller so more housing can be built and people can have more freedom to live. This way, supply goes up and costs go down. This is Why Making Minimum Residential Building Sizes Can Make Housing More Affordable.