Homes still cost too much. Even with this housing recession, it's important that we work toward affordable home ownership.
See my recent article on Huffington Post.
Here's another source: www.culdesacsyndrome.com.
What do we do?
1) Promote more high-density housing, 2) affordable rentals, 3) rebuild inner cities and inner suburbs, 3) create more incentives for modular, green housing, 4) stop subsidizing new highways and "spurbs," (sprawling urban areas with no public transportation or connection to central cities).
Ecology is the key! How can we build communities and not subdivisions in the middle of nowhere? How can we lower the closing costs on mortgages? Should we be fully guaranteeing mortgages? How can we reduce the burden of property taxes on homeowners?
We now have a window of opportunity to fix a lot of problems in the housing market. Let's seize the moment.