Simpler solutions are better. Private funding for new housing stock obviates the need for complex government-run bureaucracies that create their own set of prob

Simpler solutions are better. Private funding for new housing stock obviates the need for complex government-run bureaucracies that create their own set of problems with rent-seeking behavior like cronyism. So if there were a good way to overcome the political power of homeowners in maintaining regulatory restrictions that prevent the expansion of housing supply, so that the private sector could respond to market forces and expand housing supply, that would be preferrable. According to one analysis, it would only take de-regulating three US cities' housing markets: New York, San Francisco and San Jose, to boost US economic growth on the order of over one third over a span of 45 years: https://www.aeaweb.org/articles?id=10.1257/mac.20170388 https://www.aeaweb.org/articles?id=10.1257/mac.20170388 So here's one potential solution: federalize control over these three cities' zoning rules, in order to remove all of their zoning restrictions on building density, while investing resources into speeding up their permit approval process. This is similar to Japan's housing laws, where the national government decides zoning rules in all cities, including in major economic clusters / key job markets like Tokyo.