Building takes time, so this would be 2+ year market... but we've gotta start some time since for the last ~50 years 'enough' housing has not been built, there'

Building takes time, so this would be 2+ year market... but we've gotta start some time since for the last ~50 years 'enough' housing has not been built, there's a lot of unmet demand, which is why the market is so inelastic.