I'm iffy on this book but I think there is a very interesting point/perspective to be made on the profitability of housing. It's expensive, and it's that way be

I'm iffy on this book but I think there is a very interesting point/perspective to be made on the profitability of housing. It's expensive, and it's that way because of economics, mostly. People will charge what the market will bear. I am renting out a house in Atlanta, and I've decided I would rather have stable, good tenants, over profits. The apartment communities I've lived in are the other way around: profits over tenants. Each year apartment rates go up for most people. They never go down. Even if they did go down, they wouldn't go down for the tenant, they would go down for a new tenant. What we're seeing in places like California, Portland, Seattle, and other dense, urban areas with limited housing, is that people are being pushed out because of ever increasing rent prices. So yes, I do think that housing is high because it's profitable, and I think something should be done about that. Unfortunately I don't have an answer. I don't think it's "build more" because that will just lead to more of the same.