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by stale2002 3244 days ago
"Well, unless people en masse are willing to go out there and build new houses"

They ARE! But the government won't let them.

Zoning and NIMBY laws are what causes the housing crisis.

It would be fixed in 5 years if the government removed building height limits in only a few square mile areas in all the major high rent cities.

The problem of high rent prices is solved by allowing people to build a couple hundred thousand apartments in every major city.

Apartments are extremely lucrative, so any developer at all would be willing to build them.