Seems to ignore the idea that as long as supply can increase, and a single house can be converted to a block of 6 units, housing can be both a good investment a

Seems to ignore the idea that as long as supply can increase, and a single house can be converted to a block of 6 units, housing can be both a good investment and affordable. I think the problem is that while development currently benefits house owners, apartment owners have no incentive to increase supply. We need to tax property development and distribute it to all local households. In this way it won't just benefit house owners and it will have much greater support from locals.