I live in one of the most overpriced places in the US and they're building like mad, and just annexed a massive parcel into the city to build residential. They

I live in one of the most overpriced places in the US and they're building like mad, and just annexed a massive parcel into the city to build residential. They wanted to put up an apartment block, as well, but NIMBYs have held it up. I think the issue is more complex than housing regulations (which also certainly play a role).