This is the Cato Daily Podcast for Monday, September 12th, 2016.

I'm Caleb Brown, who is helped by modern zoning regimes?

Young people in Seattle are learning that so-called micro housing, mostly tiny apartments,

have been regulated almost out of existence.

Vanessa Brown Calder is a policy analyst at the Cato Institute.

We talked about regulation and the roadblocks it puts up for

affordable living.

If you're just out of college and you've moved to a densely populated urban area.

You got your first job, and you don't have kids,

you're not married, and you're trying to save some money or pay back your crippling student debt.

You might find a dorm room apartment to be a pretty attractive thing but Seattle presumably among

other cities has done taken significant steps to essentially eliminate that as a possibility.

So what have they done it?

Right.

So beginning in 2009, Seattle, Washington, developers there were leaders in this thing called

microhousing. And microhousing is exactly what it sounds like.

It is tiny apartments so sometimes 220 square foot studio apartments or other dorm-like living arrangements where individual

tenants they might share some building amenities like a common kitchen. But

because these apartments are so much smaller than average,

they're also a lot less expensive than your average apartment

in downtown Seattle.

And that makes this particular housing market,

...