"The death of American working class housing" could be the title of your next book--or maybe simplify it to "The Death of American Housing"--because dramatic effect is important. What's important about your research is that you offer a potential solution to some aspects housing shortage that could be implemented at the Federal level. I'm thinking along the lines of the following:
-More robust FHA support for low income, first time homebuyers (kind of like how it worked from 1950 to1979)
-More rational lending standards for private banks that restore most pre-2006 conditions
-Better regulation of the securitization of low credit mortgages
-Application of civil rights legislation and judicial review to local zoning codes (Waaayyy more controversial than my other suggestions!)
As YIMBY wins start to accumulate, though, I think we might find that reversing the new obstructions to private and federally directed mortgage lending meets as much opposition than the local stuff.
The “bankers did this to us” narrative about the crisis is at least as passionately felt as the “gentrifying tech workers ruined housing affordability” narrative is.
"The death of American working class housing" could be the title of your next book--or maybe simplify it to "The Death of American Housing"--because dramatic effect is important. What's important about your research is that you offer a potential solution to some aspects housing shortage that could be implemented at the Federal level. I'm thinking along the lines of the following:
-More robust FHA support for low income, first time homebuyers (kind of like how it worked from 1950 to1979)
-More rational lending standards for private banks that restore most pre-2006 conditions
-Better regulation of the securitization of low credit mortgages
-Application of civil rights legislation and judicial review to local zoning codes (Waaayyy more controversial than my other suggestions!)
That’s a good policy list.
As YIMBY wins start to accumulate, though, I think we might find that reversing the new obstructions to private and federally directed mortgage lending meets as much opposition than the local stuff.
The “bankers did this to us” narrative about the crisis is at least as passionately felt as the “gentrifying tech workers ruined housing affordability” narrative is.