Too Many Vacant Lots, Not Enough Housing: The U.S. Real-Estate Puzzle
The Wall Street Journal, Aug. 17, 2023-Joe Barrett (subscription)
Despite a national housing shortage, tens of thousands of empty residential lots in Chicago, Detroit, Pittsburgh and elsewhere are beyond the reach of developers or kept vacant by owners because of legal and government obstacles that cities are now trying to knock down.
https://www.wsj.com/real-estate/too-many-vacant-lots-not-enough-housing-the-u-s-real-estate-puzzle-2aa19733