In the long term, housing should always return to the cost of building it plus the cost of land, that's the long term trend line. Now, why this trend line is i

In the long term, housing should always return to the cost of building it plus the cost of land, that's the long term trend line. Now, why this trend line is increasing so fast is the real reason why housing is so expensive (something no one ever talks about), everything else is just incidental and or temporary effects.