"transient" for 30 years? It takes much less to gather investments, build houses and sell them. People are building houses in countries where they sell at 20x

"transient" for 30 years? It takes much less to gather investments, build houses and sell them. People are building houses in countries where they sell at 20x lower prices. Unless construction workers in SV are paid 1 million $ / year, the reason for not building is not that it's not (hugely) profitable.