[ajsnigrutin]

You can never go below cost... that's a nonissue. But we have shitty houses, worth $100k in labour and materials going for millions+, due to sheer unavailability of housing.

Housing is something people need to live, not an investment option.

Also, USA has a problem with building large apartment buildings, where even overcrowded places like san francisco still build single family houses, instead of 5, 10+ story apartment buildings everywhere.

[jdross]

These are zoning and policy issues, not tax or incentive issues.