The American Elevator Explains Why Housing Costs Have Skyrocketed

New York Times, July 8, 2024–Stephen Smith
Through my research on elevators, I got a glimpse into why so little new housing is built in America, and why what is built is often of such low quality and at high cost. The problem with elevators is a microcosm of the challenges of the broader construction industry — from labor to building codes to a sheer lack of political will. These challenges are at the root of a mounting housing crisis that has spread to nearly every part of the country and is damaging our economic productivity and our environment.
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