There's endless housing being built where I am, but it's all massive 4-6 bedroom, 4 car garage monstrosities that nobody but the 0.1% could afford to live in, a

There's endless housing being built where I am, but it's all massive 4-6 bedroom, 4 car garage monstrosities that nobody but the 0.1% could afford to live in, and meanwhile service industry folks can't find enough places to live so they're having to drive an hour+ to get to the area to work. Even if it were practically given away, nobody but the ultra-wealthy could afford the taxes on the huge chunk of land, the utilities, or the upkeep. The argument for building "any" housing is just trickle-down bullshit based on the notion that lots of wealthy people are hanging around in housing that others could afford. Except that by building more housing for the wealthy, you lift that area up - there's more market and demand for luxury shops, services, and so on..so commercial real estate becomes more expensive, and so on. The other reality is that people in luxury housing don't like non-luxury housing near them, so they do things like buy up property near them, tear it down or renovate it, turning it into more luxury housing.