Er, what? Maybe it’s not relevant in every single location, but it’s definitely relevant for most of us right now. House prices in my area have almost doubled in the last 4-5 years, and rents are up similarly. Maybe it shouldn’t have to be relevant, but it definitely currently is. Even when zoning policies change, it can take years to have a meaningful impact on housing availability or prices because it takes time to build units or convert existing buildings.
Or housing prices compared to local wages
This is entirely controlled by local zoning policy, so isn’t relevant.
Er, what? Maybe it’s not relevant in every single location, but it’s definitely relevant for most of us right now. House prices in my area have almost doubled in the last 4-5 years, and rents are up similarly. Maybe it shouldn’t have to be relevant, but it definitely currently is. Even when zoning policies change, it can take years to have a meaningful impact on housing availability or prices because it takes time to build units or convert existing buildings.
This is a conversation about federal policies, making home prices - which are controlled locally - not relevant to the discussion.
Not sure what you’re missing here. Biden can’t go into every town and change local government.