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9 <br /> 1 Yonah Freemark said he suspects that there are people who can't afford to live in Orange <br /> 2 County but live in Chatham or Wake, which leads to congestion on highways. He said the <br /> 3 statement "is housing affordable to people in Orange County," you aren't necessarily capturing <br /> 4 people who would live in the county if they could. He said he is also concerned that the land use <br /> 5 policy and the housing market in the county is concentrating a specific demographic of residents <br /> 6 in the county that is different than the rest of the Triangle. He said that is the trend that county <br /> 7 is going on, but questioned if it must be the trend in the future. <br /> 8 <br /> 9 Slide #13 <br /> 1 ] 1 df <br /> How Does • -Use Policy Impact <br /> Housing Construction? <br /> 10 <br /> 11 <br /> 12 Slide#14 <br /> HOUSING IN ORANGE COUNTY <br /> • Local governments use regulations <br /> to constrain what can be built. <br /> • "Deregulation," "zoning reform," or <br /> I`upzoning"typically mean making it <br /> Land-use possible to build more (more units, <br /> regulation and more stories, etc.) on the same lot. <br /> housing investment Common regulations are: <br /> • Minimum lot area per unit <br /> • Minimum parking requirements <br /> • Maximum height(stories or feet) <br /> • Maximum floor area ratio <br /> I N•T I T N T f <br /> 13 <br />