转推 Moses Kagan：每个选民以及显然《纽约时报》编委会都应了解的住房政策要点
住房政策的核心：租金由供需决定，想降租金要么靠经济衰退抑制需求，要么靠增加供应。政府财力有限，无法大规模建造住房，而私人资本（养老基金、保险公司等）却可以提供充足资金——前提是投资者能获得合理回报。为此，政府需要大幅简化开发审批流程，并稳定运营监管环境，如放宽租户筛选和驱逐政策、避免租金管制过于严苛，从而让市场像提供食品、服装一样，为住房提供充足的选择。
相关报道
Build-to-rent housing—single-family homes constructed specifically for rental purposes—has seen a rapid increase in popularity, marking a major shift in the housing market in recent years.
Build-to-rent (BTR) housing, where developers construct single-family rental communities instead of selling homes, has grown rapidly in the U.S. over the past decade. These professionally managed, amenity-rich neighborhoods appeal to families and professionals unable to buy homes. Critics, however, warn BTR may worsen affordability by reducing for-sale housing supply.
Build-to-rent housing—single-family homes built for rental rather than sale—is rising as institutional investors enter the market. Economic and demographic factors are driving this shift away from traditional homeownership.
The article argues that commonly cited stock market return figures (6–16%) are misleading, recommending 4% as a more realistic assumption. This accounts for compounding (CAGR of 8–11%), inflation of 3–4%, and 1–3% in costs/taxes, resulting in a net real return of 2–6%.