Rebecca Picciotto

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48 appearances 1 recordings 1 series first heard Jun 2026 last heard 22 Jun

Rebecca Picciotto’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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WSJ Your Money Briefing · How a Parking Lot Fight Explains America's Housing Shortage · 22 Jun 2026 podcast

So lots of local jurisdictions are experimenting more with building housing, much more than they did a generation ago.

As you saw in Menlo Park, lots of these...

local areas are trying to figure out how to balance incentives versus regulations, carrots versus sticks, what works best to get developers building.

For instance, in Minneapolis, Minnesota, we've seen that city successfully usher in a huge wave of new apartment construction with the passage of its Minneapolis 2040 plan.

This is basically a 20-year housing plan to ease a host of different zoning restrictions, eliminate single family zoning and parking minimums and

you know, make it easier to build near transit.

We've seen similar success in New York City with the City of Yes rezoning, which is, you know, widely considered one of the most comprehensive overhauls of the city's zoning program in decades.

So you're seeing success, especially when it comes to, you know, relaxing some of these age-old zoning laws and making it easier to build, um,

kind of unbottleneck some of those bureaucratic bottlenecks.

But, you know, you're also seeing some of these experiments have unintended consequences.

In Portland, Maine, developers have actually slowed down their building, and they credit that at least partly because of the city's, quote, inclusionary zoning requirements.

Basically, that means that a certain number of apartments must be designated as affordable in buildings of a certain size.

And as interest rates and construction costs rise, developers are now saying that

These affordability requirements have become financially untenable.

And part of the requirements is if you don't abide by them, there's a fee.

So a lot of these developers are basically hitting pause.

And Portland is now looking at reviewing those affordability requirements.

Yeah, I mean, one of the most common routes we've seen so far has been this approach of lighter touch density, allowing for more duplex construction or allowing for more accessory dwelling units on properties, adding to the housing stock without fully transforming what a neighborhood looks like.

Yeah, absolutely.

And California has made a huge push to ease restrictions to build those ADUs.

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