Yeah, it's totally rational from the perspective of a homeowner. The reason the US has these problems is because we treat housing as an investment vehicle, rath

Yeah, it's totally rational from the perspective of a homeowner. The reason the US has these problems is because we treat housing as an investment vehicle, rather than a resource for consumption like Japan and some other countries (mostly) do. Would be nice to instead have a societal framework and government policies which make growth and new development in the interests of the majority.