Take a cue from the boomers: Fix the housing crisis with smaller starter homes

Baby Boomers owe their very existence to an explosion in starter homes that followed World War II. During this period, the housing market saw a significant surge in the construction of affordable, entry-level homes, enabling many young families to achieve homeownership.

However, thanks to the influence of NIMBYs (“Not In My Backyard” advocates), the starter homes that were once abundant during the baby-boom era have largely been banned in many communities. This shift has contributed to a reduction in affordable housing options, making it increasingly difficult for new generations to find affordable starter homes.

As a result, housing affordability has suffered, highlighting the ongoing challenges in balancing community preferences with the need for accessible housing.
https://thehill.com/opinion/finance/5559036-starter-home-crisis-solutions/

Leave a Reply

Your email address will not be published. Required fields are marked *