Why Is It So Hard to Find an Affordable Home in the United States? The rules behind the scene

Housing prices in the US have experienced a significant rising in the past year. Low-interest rates and the growth of young generations into the market have fueled the demand, causing housing prices in some cities to increase by more than 20% in a year. However, home prices were already a problem before 2020 across the country. While high demand is a vital fact, yet there is a prominent reason why it is hard to find affordable houses: we’re now facing a shortage of nearly 4 million housing units. According to Vox, the primary cause of it is so-called ‘Exclusionary Zoning.’ The result of such local rules and regulations is to keep affordable housing and the people who need it out of the wealthiest Americans.

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