It’s early, but a revolutionary year in housing policy seems to be brewing in state capitals from Raleigh to Olympia. Like the pivotal Revolutionary War campaigns of 1777, the action began just before the New Year in Trenton, New Jersey. A unanimous legislature approved a law reducing construction delays by allowing contractors to hire private sector building inspectors. This may sound like a Republican idea. But its sponsors included New Jersey’s Democratic leadership, and it was celebrated by Gov. Phil Murphy (D). Inflation, extreme swings in mortgage interest rates and supply chain disruptions exposed the inadequacies of a housing supply system biased toward “no.” The resulting pric
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