Any econ101 book will do. I'd suggest Basic Economics by Thomas Sowell.
Short version: Supply (housing) is being artificially restrained from being built out (through regulation). While demand (those moving to the area) keeps increasing. Low supply and high demand = higher prices.
Solution: Build more housing.
It's a simple problem, navigating the bureaucracy is the hard part.
Short version: Supply (housing) is being artificially restrained from being built out (through regulation). While demand (those moving to the area) keeps increasing. Low supply and high demand = higher prices.
Solution: Build more housing.
It's a simple problem, navigating the bureaucracy is the hard part.