
Episode #33
America's Housing Crisis Is No Mystery
Why is housing so expensive in America? On this episode of The Economist Next Door , Paul Mueller sits down with AIER scholars Julia Cartwright and Jason Sorens to unravel the mystery behind America's housing crisis. They explore how supply and demand, zoning restrictions, building regulations, local "busybodies," and federal housing policies have combined to make housing increasingly expensive. They also examine whether gentrification is really the problem, why communities often resist new development, and how restrictions on housing construction can affect everyone from renters to homeowners. So where is the solution? Cartwright and Sorens explain why the most promising answers may not come from Washington, but from states and local communities willing to rethink how housing gets built.

