1 simple legislative fix needed to solve America’s housing crisis

The U.S. House passed the “Housing for the 21st Century Act” in February. The Senate responded this month with a bill that includes much of the House bill, which it named the “21st Century ROAD to Housing Act.” Both are supposed to increase housing supply and thus bring down costs for would-be buyers. At least, that is the claim of supporters of the legislation.

As of last Thursday, March 12, the Senate passed its version with an overwhelming 89-10 vote. However, the bill now faces an uncertain path back in the House...