Housing Affordability Challenges - Regulatory issues, particularly at the state and local levels, contribute to the difficulty in loosening up housing market constraints [1] - Regulatory pressures, including impact fees and other costs absorbed by builders, significantly add to the cost of housing [2] - High land prices necessitate builders to renegotiate with land developers on option contracts to price homes more affordably [2] Potential Solutions and Considerations - Renegotiating land option contracts can help builders price homes more affordably [2] - Simply building more rental housing may not solve the inequality gap [3]