In the 1910s, US cities began enacting policies that would shape neighborhoods and, unintentionally, lay the roots for the severe housing shortage today: single-family zoning laws.
The issue is there’s nothing stopping house owners from increasing the rent they charge to cover their costs. There needs to be enforced rent control in order for the profit margin to be squeezed.
That’s a different argument. The point here is that extra money (even if it is paid by the renter) then goes into the city funds to build more high density housing and more public transit to get from lower density areas to the higher density areas.
The issue is there’s nothing stopping house owners from increasing the rent they charge to cover their costs. There needs to be enforced rent control in order for the profit margin to be squeezed.
That’s a different argument. The point here is that extra money (even if it is paid by the renter) then goes into the city funds to build more high density housing and more public transit to get from lower density areas to the higher density areas.