Having been one of the architects of the Montgomery County model referenced in here, I have to tip my cap to the authors here. By far the most comprehensive write-up of this subject I've ever seen.
Hot take: The housing crisis is a finance crisis.
Developers don't just need permission to build—they need the math to work. Right now, it only works when rents keep rising.
Our @jwmason.bsky.social & @mikefellman.bsky.social’s new report explores how we can make stable, lower-rent housing viable.
groundworkcollaborative.org
Fixing Housing Means Fixing Finance: Why We Can’t Deregulate Our Way to Affordability - Groundwork Collaborative