This is kinda like saying we need more farms to solve hunger.
The cost of housing is very detached from supply. For rentals, companies bought up housing and just jacked up the price, because renters are a semi captive client base.
New construction sometimes doesn’t even help, when developers knocks down an old affordable 12 unit apartment building and build a luxury 36 unit building, you’ve created -12 units of affordable housing.
Even for home buyers, they’re facing a major up hill battle going against existing home owners who have access to the capital of their current homes, and even worse corporate home buyers.
This isn’t to say supply isn’t an issue and we can ignore it, but we need to stop housing from just being an investment vehicle. Otherwise we’re just going to get garbage housing at prices no one can afford.