Relaxing zoning rules a solution to low inventory?

Green Escrow | New construction, housing

With housing inventory at historic lows due to a shortage of materials, high labor and material costs, and not enough land on which to build, many analysts are calling for a relaxing of zoning regulations.

According to some, even a modest change in large metro areas could add up to 3.3 million homes to available inventory.

Demand is expected to remain high as the economy continues to rebound. While many expect more homes to go on the market as the pandemic winds down, new construction will continue to be problematic.