Affordability is a market dynamic. If you look carefully you will find that newly built housing almost always commands a premium and truly affordable housing i

Affordability is a market dynamic. If you look carefully you will find that newly built housing almost always commands a premium and truly affordable housing is almost always older stock. It is similar to but not exactly the same as used cars compared to new. There are cheaper cars but truly affordable transportation is used. It is also the case that as long as supply is highly restricted the prices will be as much as the wealthy side of the market can bear.