I have unironically seen this as the solution in dozens of housing threads.
It always follows the same path.
“We need to build high density housing everywhere”
Every new high rise that has been built hasn’t lowered the cost of existing buildings. The new buildings are always “luxury” condos and sell at outrageousprices. Also, the infrastructure (roads / utilities) needs to be vastly expanded to handle higher density.
“That’s because they’re being built too slowly. If a bunch came out at once, that would low prices”
Yes, and that’s why builders would never build a ton of units all at once. They would stagger them on the market to get the highest possible prices.
“OK, then the government should build high density low income housing”
… like projects? Do you know any history at all?
“Also infrastructure doesn’t need upgrading if everyone rides bikes”