[Panzer04]

Consider that as house supply increases, house prices should keep dropping, towards the cost of construction - right now supply is so constructed prices are limited by buyer ability to pay rather than sellers cost of construction.

So supply will allow much more than just the few people on the edge of ability to buy - it will also help everyone else at lower price points.

[Ma8ee]

It's rarely the cost of the house that is the problem. It's the cost of the property. And property within a certain distance from any attractive city center is limited, by its very nature.

[zbrozek]

To a point, anyway. https://www.builderonline.com/land/local-markets/californias...