Homebuilder Roger Mumford finds a creative way to tackle the housing markets supply shortage as the industry continues to face challenges
A New Jersey homebuilder is tapping into a creative solution to combat the persistent supply challenges plaguing the housing industry. That creative solution happens to be duplexes; however, the potential fix carries its own set of obstacles. In the community of Rumson, New Jersey, two homes can be seen being built on a single lot. It’s the first time in decades that a community like Rumson has seen what’s being attempted as builders find ways to increase the housing supply.
Despite finding a workaround for the supply issues, zoning approvals and restrictions are not just hurdles in New Jersey but around the country.The National Association of Home Builders proposed easing zoning regulations to increase housing stock and improve affordability. The NAHB also recommended promoting careers in trades, eliminating excessive regulations that account for nearly 25 percent of the cost of a single-family home and ultimately fixing supply chains.
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