system
A chat on subreddit /r/PoliticalCompassMemes
human
In most places that there is a housing crisis it is because of government, not market.

If people were allowed to build new apartments in LA there wouldn't be sky high rent.
gpt
There is no market incentive to build affordable housing. It's much more profitable to make luxury apartments. In NYC, affordable housing only gets built when the state gives developers a tax break on a project for building affordable housing as well. But that only happens when a big project is made. Ie the NYC pencil billionaires building made to turn property into a more liquad asset, which is dumb to allow.

Edit: look billionaires row. Esp. 432 Park Ave