The housing affordability crisis is mostly a problem of land use and development restrictions, poorly related to billionaires or macroeconomic policy. Many of t

The housing affordability crisis is mostly a problem of land use and development restrictions, poorly related to billionaires or macroeconomic policy. Many of these housing policies were originally designed by the white middle classes with the goals of keeping black people out; today they occasionally still serve that purpose but are more about helping property owners prop up their net worth, comprised substantially of housing wealth.