The Las Vegas Review-Journal Editorial Board weighs in on housing proposals being debated in the state legislature.
A 2018 paper by professors at New York University agreed. “We ultimately conclude, from both theory and empirical evidence, that adding new homes moderates price increases and therefore makes housing more affordable to low- and moderate-income families.”
Per Occam’s razor, the most obvious solution is the most promising: If officials seek to goose the state’s housing supply, they should avoid further meddling, get out of the way and allow builders to meet demand.
Read more here.
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