By David Greenwald May 20, 2026
A new editorial from the The New York Times editorial board is arguing that the United States cannot solve its housing affordability crisis without dramatically increasing housing production.
This would directly challenge decades of restrictive zoning policies and anti-growth politics that have dominated many affluent coastal communities.
The editorial, published May 18 under the headline “America Needs to Build More Housing,” argues that soaring home prices are fundamentally the result of a prolonged mismatch between supply and demand.
It’s particularly true in high-opportunity metropolitan regions that failed to build enough homes over several decades. (NYT)
BTW, the highest ratio of home prices to median income is found in San Francisco!
The ratio is 12.4 times!
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