[nitrogen]

People want more than just housing from housing. Some people want a system of wealth distribution to allow new entrants to the market (the young and/or disadvantaged) to build capital. Some want a place that they can call their own and customize as they see fit. Some want to be invested in a community. Some don't want to have to listen to and smell their neighbors through cheaply built shared walls.

If the existing capital holders build a bunch of rentals, then many of those goals are not possible.

[0815test]

People have all sorts of delusions. Cheaper housing, by and large, makes it easier for new entrants to build wealth, whilst having a place that they can call their own.

[cycrutchfield]

That’s great and all. Let’s just continue with single family homes then. You know what’s better than that young couple having to rent for a while instead of buy? Having them be priced out completely and forced to commute from an hour away or move out of the area entirely.