One way to increase housing supply is to make it cheaper to building multi-family housing, like Toronto recently decided to do.
Developers will pay less in fees for the construction of new apartment buildings, in an effort o build more "purpose-built rental housing" in the city, according to Chris Fox.
The purpose-built rental is more commonly used in the United Kingdom and Canada than here in the United States, but it indicates the specificity of the development for rental, rather than for-sale as a condominium (a Daily Hive post from 2016 explains more).
The province of Ontario is also supplying $60 million in funding for rebates on projects, part of a $125 million program to spur development of purpose-built rental housing.
FULL STORY: City to reduce development charges to encourage construction of rental housing
Will New York’s Strict Short-Term Rental Rules Work?
Some owners are reluctant to put short-term rental units back on the long-term rental market, but the number of permitted units has dropped dramatically.
Another Rent Control Initiative on the Ballot in California
There are significant differences between Proposition 21, a statewide rent control measure on the ballot in California, compared to a similar measure defeated soundly by voters in 2018.
Tough Times for Low- and Middle Income Renters
The annual report on the rental housing market by the Joint Center for Housing Studies of Harvard University shows how far and deep the housing affordability crisis has reached.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25% resulting in 1,900 jobs lost.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
Wind Energy on the Rise Despite Federal Policy Reversal
The Trump administration is revoking federal support for renewable energy, but demand for new projects continues unabated.
Passengers Flock to Caltrain After Electrification
The new electric trains are running faster and more reliably, leading to strong ridership growth on the Bay Area rail system.
Texas Churches Rally Behind ‘Yes in God’s Back Yard’ Legislation
Religious leaders want the state to reduce zoning regulations to streamline leasing church-owned land to housing developers.
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