The point is when you have cartel-like behavior from homeowners in a democracy, then you aren't "exempting housing from the laws of supply and demand." No, the

The point is when you have cartel-like behavior from homeowners in a democracy, then you aren't "exempting housing from the laws of supply and demand." No, these homeowners know exactly what they are doing and they're intentionally creating a shortage to increase the value of their properties. The problem with the housing crisis is that it's entirely rational behavior. It's just that there should be some sort of human right that prevents this type of exploitation.