[toomuchtodo]

Appreciate it. Everyone says "build baby build!"; Facebook, Google, etc have deep enough pockets they'll simply fill that new housing stock with tech workers and you'll be back to where you started (outrageously expensive housing).

You must destroy demand. It is the only way out.

[Inthenameofmine]

Well demand is a good thing in this case. It implies good economic development. My point was more that market mechanisms don't make sense for public good infrastructure/monopolies.

Building as much (and sustainably) as possible + a land tax to discourage speculation and people not actually living in housing might be a better solution.