Build 800,000 new homes: How Governor Hochul proposes to do it.
The concept that restrictive zoning and land-use regulations reduce the supply of housing, and in turn, increase the price of housing has been getting significantly more discussion in recent years by think tanks on all sides of spectrum, including the CATO and Brookings Institutes. Joining her colleagues in States like Arizona, Maine, Maryland, Massachusetts, and North Carolina, as part of her 2023 Executive Budget, Governor Kathy Hochul announced a statewide strategy to build 800,000 new homes [...]