The Crisis of Homes
Within the United States there are generally three reasons we have a crisis of homes, The first and probably the best reason Is there possibly could be for shortage in the housing market is elderly people remaining in their homes where they can receive the care, respect and dignity they deserve, a function of our zoning laws and how they operate in America, As well our ability to control corporations. keeping them from purchasing otherwise suitable homes, to own and rent out to individuals for profit. Rather than allowing homes to be for people. There are many other nuanced factors that have had an effect, for example COVID, increase the average price of a home; because building was slowed, or stopped in some instances. Another being During the first Trump term the renegotiating NAFTA to USMCA “the trade deal,” as well now he has a 25% import tax on soft lumber used in construction of homes affecting the cost of building materials increasing them.
However, compared to the three ladder categories, The elderly remaining in their home, zoning laws, and private equity purchasing up homes to rent out. Some of the more nuanced things while having an effect would have less of an effect in solving the house in crisis in America. It cannot be merely about affordability, it has to be about availability, if you want to bring down the price you have to increase the quantity. Simply solving one of the three things, we'll have an effect but negligible. if we simply leave it up to the free markets, the free markets will choose to rip as much money out of our pockets as possible. They'll do this by maintaining a low level of hosting units, and high availability of rental units. they can then sell them at a higher price, it's basic economics, supply, and demand. To keep profit high, they must keep supply low.
The first factor, The elderly staying in their home. It is something quite frankly they deserve, They earned it. maintaining our elderly in their home is probably one of the best things we can do as a society. with that said, what can we do about increasing our housing availability rapidly without displacing them from their homes? The easiest solution is just to just build more housing; however, the type of housing is extremely important. A traditional house takes quite a long time to build. it involves materials like wood shingles, all kinds of various other building materials you could produce. These types of homes are traditional homes have not been weather-resistant. They blow over they, get flooded and in general are costly to rebuild after a natural disaster such as wildfire, hurricane, or tornado.
The first and foremost thing we should do is look at the new technologies we have developed, such as 3D printing houses and doing out of materials sourced locally to the homes construction, reducing costs. increasing the disaster resistance of the home itself. thereby reducing the amount of money, we must spend to rebuild a community’s after natural disaster. As well we can print an entire community of homes in an extremely expedient fashion, for example the walls of some 3D printed homes can be done in 12 to 24 hours depending on the process involved with the homes construction. Whereas with a traditional home It can take up to 7 to 12 months to complete a single house. Also factoring in price from $150,000 to 500,000, the 3D printed home can be made affordable for almost everyone, depending on the complexity and size of the building. Whereas a traditional house can be 300,000 to 500,000 depending on complexity and size.
To be able to rapidly deploy 3D printed houses one of the main things we have to accomplish is address zoning issues and red tape, We can instruct the country nationally via the Congress to address their zoning issues, for example, larger homes to be converted into multifamily units in the short term. This would also aid in addressing the housing crisis. In the longer term we can instruct them to develop the required zoning policies towards the rapid development of 3D printed homes. As zoning issues are typically resolved at the state and local level, we must work closely with our counterparts at each of these levels. To best address each individual community, we must work at every level. there is no community in the United States is standardized; nor should it be. By using our existing housing, unused office space, more intelligently, reworking the zoning laws in red tape. we can take a step closer to solving the problem.
The third and final policy is dealing with private equity, purchasing homes through ownership of corporations. By rapidly developing 3D printed housing communities, We can rapidly drive down the price to purchase a home; thereby removing passively private equities interest in owning homes. By reducing the demand by increasing supply, we reduce the profitability of their venture. thereby changing the incentive structure so they have less of an incentive to own rental properties. I also believe we should take it a step further, developing laws and regulations to manage how privet equity and corporate landlords can manage things like rent hikes, across the country as most of them are national in nature They should have to deal with national regulations. keeping them from screwing over the average citizen. the government's job or should be to ensure that average people like you and me, are not getting raped and pillaged by the greediest among us.
Only by rapidly developing communities, Can we drive down the price of homes. Homeownership will allow more people the dignity of living in a home; the ability to pass down intergenerational wealth via your home, The ability to grow a family in a safe and secure location. Keeping the elderly in their home where they can receive the standards of care, support, dignity they deserve. Every one of the issues I have discussed with possible solutions will take us a step closer to solving the housing crisis in America. allowing people in my generation and every subsequent generation; the ability to own a home to grow as a person to take a step into the middle class. We should not lose the American dream of homeownership, higher education, better wages for everyone. not just the select few, who by luck of the draw have been more fortunate than others.
We should be using the American dream to uplift everybody.
