This is actually a good role for government intervention. The exact mechanism is not important, but the concept is. Builders tend to be out of cycle with housin

This is actually a good role for government intervention. The exact mechanism is not important, but the concept is. Builders tend to be out of cycle with housing need due to the length time it takes to get a project to completion. After a bust, they get very skittish and underinvest for the first half of the cycle creating a shortage and boom. Government can provide a base level of housing builds to make sure the market doesn’t go too deep into shortage. And it doesn’t have to literally build them itself, just run programs that keep building housing. Ideally it even pays for itself.