The unconscionable abandonment of rural America

Rural America has taken a great hit.
(Image credit: REUTERS/Jim Young)

Americans who can barely keep their heads above water economically often blame housing. Costs are rising all over the country, and have skyrocketed in major coastal cities. One in four Americans use half their pay on housing, and even people quite high up the income ladder often live paycheck to paycheck as a result.

One potential solution: Reform housing regulations. San Francisco and New York have webs of zoning restrictions and historical preservation laws that make it difficult to build new housing supply. Demand then outpaces supply, and prices spike.

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