Minimum Apartment Size Prices Out the Poor

When regulators impose minimum apartment sizes (e.g., requiring developers to build at least 60 square meters) in the name of helping households, they eliminate the large number of people who cannot afford that much floor space; the affordability crisis in New York and San Francisco is driven not just by hard-to-build restrictions but specifically by minimum-size and use-based zoning rules that price working people out of legal housing near their jobs.