General World News

To build more housing and bring down soaring rents, New York should copy New Jersey

new york city apartment construction

Summary List Placement

New York, like other dense coastal cities, has a housing supply problem. People want to create households here at a faster rate than we create homes, and that pushes prices up. Most people seem to recognize that part of the solution to that needs to be building more housing. And that leads to fights of what kinds of buildings should be built where, and how large they can be.

Sometimes neglected in the debate is the issue of how many homes can fit in a building of a given size and style. If we get better details ⇒

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