High housing prices can cause homelessness, overcrowding and wageslavery. Commonly-proposed solutions include higher wages, lower rents, or universal basic income. But these only work if there isn't an underlying shortage of places to live.
Are there enough places to live?
Help do the housing supply analysis for your city, country, or the world!
Ways to increase housing supply
Ranked from cheapest to most expensive in terms of resources per home:
- Converting office space into residential space
- Subdividing large apartments into studio apartments only for areas with a lot of single adults
- Subdividing single-detached houses into duplexes
- Building new multi-unit buildings
- Building new single-detached houses
In some parts of the world (especially North America), people get stuck between:
- "Do I want to live somewhere central and pay ridiculously high rent?"
- "Do I want to live somewhere remote and spend more on driving / transit?"
The underlying cause is that most homes are far away from most amenities (stores, schools, etc). There are ways to solve this.