Limited housing supply must necessarily be unaffordable to someone. The only question is where we strike the balance between scarcity and abundance, and corresp

Limited housing supply must necessarily be unaffordable to someone. The only question is where we strike the balance between scarcity and abundance, and correspondingly at what income percentile it will be unaffordable. We could also use non market allocation schemes, which would displace the problem of “can’t afford housing” to “stuck on the waiting list” or “my lottery number never comes up.” Same thing in the end.