Would it shock you to learn that a regulatory bill enacted in the aftermath of the 2008 financial crisis ended up hurting some of the very households lawmakers were trying to help? I didn’t think so. By now it should be clear to everyone that even the best of intentions are no guarantee of good...
North Carolina stands as a beacon of vibrant communities and active civic engagement. Central to this are homeowners’ associations (HOAs), integral in shaping and preserving the charm and property values of our neighborhoods. Yet, in this election year, the time is ripe for us, the proud citizens of North Carolina, to address the growing issues...
On Dec. 8 at Raleigh’s City Club, panelists from both the left and right sides of the aisle were largely in agreement that North Carolina’s booming urban areas are not seeing enough homes being built for how quickly populations are growing, and that this was increasingly spiking the price of homes to a place outside...
For the better part of the past decade, residents have been fleeing high-cost, highly regulated cities like New York and San Francisco for more affordable urban areas like Charlotte and Raleigh, thus helping to fuel North Carolina’s impressive economic growth. But if “not in my backyard” (NIMBY) activists have their way, stricter building regulations — and thus...
Have you ever noticed how social reformers often want new government regulations to do away with behavior and outcomes that past government regulations helped create? For as much as they talk about the greed of capitalists and the power of government to change society, they seem to miss that people do change their behavior in...
The sustained increase in home prices has a straightforward cause: North Carolina has built far fewer homes, especially small homes, than at any time in a generation.
While the Fed’s excessive monetary creation was a causal factor in the bubble, that didn’t explain why so much new credit ended up in housing rather than other investments.
Plenty of other countries, including next-door neighbor Canada, have homeownership rates similar to ours despite a lack of major government interventions.
Growth-policy expert Randal O’Toole has an explanation for why some states had huge housing bubbles and other states didn’t.
Just about everyone in Washington who exercised power over the housing and financial industries during the past two decades deserve some of the blame for the financial meltdown.
The Roosevelt administration’s original political constituency for its housing and mortgage initiatives was organized labor, as its more candid leaders acknowledged.
