Building market rate housing will lower prices in the long term (decades) as older housing stock becomes out of date and affordable, but in the short term it on

Building market rate housing will lower prices in the long term (decades) as older housing stock becomes out of date and affordable, but in the short term it only helps the most wealthy. The market rate in most places is very expensive. I don’t think we have enough housing, but we need affordable housing, and at this rate I think the only solution is state intervention.