Housing

Restrictive Regulations Fuel New Mexico's Housing Shortage

January 24, 2025

A Pew Charitable Trusts analysis found that restrictive zoning and building regulations are fueling New Mexico's housing shortage, which has driven an 87% rise in homelessness over the past seven years.

In the past seven years, homelessness in New Mexico has increased by 87%, driven by rising housing costs. A massive undersupply of homes is at the root of the affordability crisis. Relaxing regulations on building height and zoning may be a solution for creating an inventory of reasonably priced housing options for residents.

Read the full story at Pew Charitable Trusts →