Why not just allow more or denser housing to be built? You could take all that foreign cash and turn it into high paying jobs! I mean sure construction jobs a

Why not just allow more or denser housing to be built? You could take all that foreign cash and turn it into high paying jobs! I mean sure construction jobs aren't high paying, but with enough automation, those jobs could turn into high paying software jobs. Just get rid of all the building and zoning laws and allow companies to innovate as much as they want. Optionally, you could still ban foreigners from buying in places where things are already built out. It just seems such a shame, to see so much economic loss on both sides (both for purchasers and those who'd have benefited from more jobs or higher paying jobs). This is a disturbing pattern I've been seeing playing out in many countries: politicians and the sometimes the voters that elected them have insufficient economic education to make optimal decisions, leading to economic losses - the prime example being what happened in Venezuela.