Dec 05, 2025
The Capitol Forum hosted Laurel Kilgour, Policy Director at the American Economic Liberties Project (AELP), for a conference call with Executive Editor Teddy Downey. The conversation centers on Kilgour’s recent paper, Capital Crunch: How the Fall of Local Finance and the Rise of Shareholder Primacy Warped Single-Family Homebuilding in America — And What to Do About It. The paper examines the structural financing barriers that have led to a steep drop in single-family housing construction and offers policy proposals to help rebuild America’s homebuilding capacity.