My point is that it is not the execs fault for it being expensive. There is an artificial limit on supply. If supply is kept low, the producers (the landlords) usually benefit at the expense of poorer consumers.
My point is that people CAN afford to live in these places and those people built their fortunes on the back of a labor supply with artificially suppressed wages.
Who lives in this ultra expensive real estate? The execs stiffing the developers on pay while making bank on their work.