An absolutely free market does. Housing is NOT anything like that kind of market. Building permits, zoning, NIMBY, various minimums (aside from taxes, thanks

An absolutely free market does. Housing is NOT anything like that kind of market. Building permits, zoning, NIMBY, various minimums (aside from taxes, thanks Rs for focusing so strongly on less taxes rather than greater value for money...). Make building the desired type of housing easy; incentivize it until market conditions have been corrected... We're several decades behind at this point, so a huge boom is required to correct prices.