Local Governments Also To Blame For Housing Crisis - Mark Calabria - Townhall Finance Conservative Columnists and Financial Commentary

Local Governments Also To Blame For Housing Crisis - Mark Calabria - Townhall Finance Conservative Columnists and Financial Commentary: if we want to avoid future property booms and busts, with their devastating impact on financial institutions, we also need to reform our local land use controls to allow for the more rapid response of supply to changes in demand.�� Again, it wasn’t a lack of regulation that caused the crisis, but too much regulation, particularly of the land/housing market.