Erdmann Housing Tracker β’ 126 implied HN points β’ 11 Feb 25
- Canton is facing a serious housing issue, with a big decline in new single-family homes being built. This drop is linked to strict zoning laws that make it difficult for families to create more housing options.
- Rents in Canton have grown faster than inflation, which is making it hard for residents. Even though buying a home could be cheaper than renting, many people can't get mortgages due to those same zoning restrictions.
- The U.S. has a widespread housing crisis, not just in wealthy areas like New York City but everywhere. If cities make it easier to build new homes, they could become more affordable again.