Creative Solutions for the Housing Crunch
Housing policy in New York City is dominated by questions of building. Should we focus on more subsidized housing for the poor, or let developers build what they want and trust the market to sort it out? These are important questions, but new construction is not a cure-all for the housing crisis. City officials should be flexible in their efforts to accommodate housing demand; multiple approaches will be needed.
The Facts You Need to Know
Roommate: Allowing property owners more flexibility to rent out spare rooms can ease the housing crunch and give owners extra income. Read more.
Extended family: Traditional forms of intergenerational housing serve social needs and alleviate housing stress. Read more.
Basement: Permitting more accessory dwelling units—such as basement or garage apartments—has produced good results in many jurisdictions. Read more.
“What to do about a housing-cost crisis? One must look to a range of ways to increase supply.”
Stay tuned for video and highlights from our special event on RENT REGULATION
in New York City—November 20, 2019.
The Past is Present
“It’s a familiar scenario for those whose children have grown up and left home: a house or apartment, once the right size for a family of four or five, becomes more than a middle-aged parent or parents need.”
And in other news...
“Transportation officials are looking to self-driving technologies to help New Jersey commuters reach New York City in one of the nation’s busiest bus lanes.”