Democrats Should Be The Party Of Cost-Effective Building

It's the housing, stupid.

Democrats Should Be The Party Of Cost-Effective Building
Photo by Tom Rumble / Unsplash

Scott Galloway delivers a data- and reference-rich look at high housing costs in America, along with a variety of ways to tackle the problem. He argues that Democrats should embrace this challenge and become the party of cost-effective building.

Galloway outlines the many individual and societal ills that result from high housing costs: 770,000 homeless Americans including 32,000 vets; a toll on health from delayed healthcare, lower quality food, and stress; barriers to workforce mobility costing the U.S. as much as $1.4 trillion in GDP. And the list goes on.

Galloway examines the many factors contributing to high housing and building costs, along with a variety of proven ways to tackle these problems. He also makes a strong argument for decoupling housing from wealth.

Project 2028: Housing | No Mercy / No Malice
Democrats need to be the party of ideas, not indignation. Our “Project 2028” series will address critical issues facing American society through a No Mercy / No Malice lens. We begin with housing. The Rent Is Too Damn High The U.S. doesn’t have a housing crisis, but an affordability crisis. Roughly one-third of Americans rent, […]

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"The U.S. doesn’t have a housing crisis, but an affordability crisis. Roughly one-third of Americans rent, and nearly half are 'cost-burdened,' i.e., they spend 30% or more of their income on housing."
"To win national elections, Democrats need to demonstrate that they can govern. The winning move: Go hard at zoning reform, cut red tape, and encourage development."

Source tags: Scott Galloway