CHARLES L. MAROHN, JR. is the president and co-founder of Strong Towns, a nationally-recognized nonprofit media organization working to shape the conversation on growth, development and the future of cities. Strong Towns supports a model of development that allows America’s cities, towns, and neighborhoods to grow financially strong and resilient. DANIEL HERRIGES serves as Senior Editor for Strong Towns, and has been a regular contributor since 2015. He has a Masters in Urban and Regional Planning from the University of Minnesota, with a concentration in Housing and Community Development.

• Introduction viiPart I Housing as Investment 11. Is Housing Shelter or an Investment? 32. Building the Trap 133. Setting the Trap 294. Trapped 51Part II Housing as Shelter 715. Zoning Lockdown 736. Not in My Backyard 977. Yes! In My Backyard 1158. Affordable with a Capital “A” 133Part III Housing in a Strong Town 1499. A System That Produces a Solution 15110. Releasing the Swarm 16511. Financing a Housing Revolution 18112. Building a Strong Town 201References 207Index 213

CHARLES L. MAROHN, JR. is the president and co-founder of Strong Towns, a nationally-recognized nonprofit media organization working to shape the conversation on growth, development and the future of cities. Strong Towns supports a model of development that allows America’s cities, towns, and neighborhoods to grow financially strong and resilient. DANIEL HERRIGES serves as Senior Editor for Strong Towns, and has been a regular contributor since 2015. He has a Masters in Urban and Regional Planning from the University of Minnesota, with a concentration in Housing and Community Development.

• Introduction viiPart I Housing as Investment 11. Is Housing Shelter or an Investment? 32. Building the Trap 133. Setting the Trap 294. Trapped 51Part II Housing as Shelter 715. Zoning Lockdown 736. Not in My Backyard 977. Yes! In My Backyard 1158. Affordable with a Capital “A” 133Part III Housing in a Strong Town 1499. A System That Produces a Solution 15110. Releasing the Swarm 16511. Financing a Housing Revolution 18112. Building a Strong Town 201References 207Index 213

CHARLES L. MAROHN, JR. is the president and co-founder of Strong Towns, a nationally-recognized nonprofit media organization working to shape the conversation on growth, development and the future of cities. Strong Towns supports a model of development that allows America’s cities, towns, and neighborhoods to grow financially strong and resilient. DANIEL HERRIGES serves as Senior Editor for Strong Towns, and has been a regular contributor since 2015. He has a Masters in Urban and Regional Planning from the University of Minnesota, with a concentration in Housing and Community Development.

• Introduction viiPart I Housing as Investment 11. Is Housing Shelter or an Investment? 32. Building the Trap 133. Setting the Trap 294. Trapped 51Part II Housing as Shelter 715. Zoning Lockdown 736. Not in My Backyard 977. Yes! In My Backyard 1158. Affordable with a Capital “A” 133Part III Housing in a Strong Town 1499. A System That Produces a Solution 15110. Releasing the Swarm 16511. Financing a Housing Revolution 18112. Building a Strong Town 201References 207Index 213