KCTV5: Local Leaders Urged to Consider Several Modifications to Boost Homeownership
“The more that cities are able to cut red tape and let builders build, the quicker the local supply will increase and allow demand to moderate escalated prices,” Will Ruder, EVP of the KCHBA, said recently.
KCHBA has recommended that cities consider a thorough review of zoning restrictions that bar homes from being built in unoccupied areas. It has also urged the involvement of the organization in ongoing code adoption discussions to ensure homes are built to safety standards and unnecessary codes do not create unattainable prices.
According to the National Association of Home Builders estimates, more than 3 out of 4 – 77.7% – Kansas City families cannot afford a new home that is moderately priced.
Click here to read the full article on KCTV5’s website.