Homes in 97% of U.S. cities are overvalued, Moody's says
The sooner we collectively decide that housing shouldn&#x27;t be a market, the better. We all need it, and we should figure out mechanisms to make it available to all.<p>Practically that means paying to build and maintain housing stocks, changing tax incentives so developers are incentivized to build more housing and less luxury housing, charging a premium for unused land in desirable areas (parking lots don&#x27;t house people), abolish mandatory minimum parking, and upzone neighborhoods (eliminating the &quot;single family home&quot; neighborhoods as a zoning type.)<p>I&#x27;m also of the much more radical opinion that we should protect tenants over landlords in nearly every case, that we should protect the rights of people to live where they&#x27;ve historically lived (eg, one shouldn&#x27;t be &quot;priced out&quot; of the home they&#x27;ve lived in for 20 years), and we should offer extensive public housing (built as many geographically distributed small apartment buildings and 5 over 1s, not giant tenements or projects.)