For housing to be solved, we need to reorganize society. It's not a supply problem, it's a demand problem. Everybody want to live in the same dense hotspots, c

For housing to be solved, we need to reorganize society. It's not a supply problem, it's a demand problem. Everybody want to live in the same dense hotspots, creating a perpetual upward pressure in local prices. Not even the most powerful instrument, interest rates, solve this problem. You only need as many buyers as there is supply. It doesn't matter if 99% can't afford it, if 1% is enough to buy up the limited supply of houses, no matter the interest rate. Not even a massive economic crash brings relief. Because the underlying demand is still there, and so is the limited supply. The temporary discount is usually not used (scared buyers) and most home owners just sit it out until prices inevitably come back. There isn't going to be a "houses now 50% off" moment, ever. You can win a battle against NIMBY but it won't win the war. The demand keeps coming and supply cannot sustainably keep up. Hence my simple take. You're trying to squeeze an infinite amount of people and buildings into a tiny space that is not infinite. Instead of doubling down on this idiotic idea, reorganize society. There isn't going to be a "tweak" that fixes it. It cannot be fixed with this line of thinking. It requires new thinking.