[lotsofpulp]

The problem is demand being sufficiently high compared to supply to cause prices that consume most of peoples’ spending abilities.

Even if we removed the concept of ownership, which is the only way to remove rent seeking behavior, how are we going to address the limited supply in the face of extreme demand?

The long term structural solution in my opinion is to create more desireable places to live. This involves significant wealth transfers from already wealthy places to investing in infrastructure, education, communities in other locations, thereby increasing the supply of desirable places to live. That’s really the only way prices can be brought down in real terms.