Surely it's not so simple when New York City is building more housing supply that essentially any other American city can clearly see from there that NYC is #1

Surely it's not so simple when New York City is building more housing supply that essentially any other American city can clearly see from there that NYC is #1 in terms of raw numbers of new housing units Are the original goalposts, housing supply alone is an important factor in the price of housing though fwiw.