Earlier quoted context omitted.
Inflation, probably followed by corruption. Minimum wage would rise to the point where a person could afford a 1BR apartment within a 1 hour drive without traffic. Then the rents of those 1BR apartments would rise to capture that new minimum wage. Then minimum wage would rise to afford the new rent, and so on. Eventually someone's going to say "Hey, I own an apartment block downtown, I'm supposed to rent it out to th…
Zoning. You link the "zones which employ people" and "zones which house people" to balance so you don't have significantly more jobs than homes. Next you zone for type of housing, where you only allow a certain percentage of the most profitable 1BR apartments to be built, and require those to be above certain size thresholds so that a variety of life situations can actually live in your city. You don't need to "incen…
The state has all the information it needs, and anything it doesn't have it can find out by mandating businesses comply. It then figures out exactly the housing needs in a given location and build that housing. It doesn't need to be fancy and wasteful like the private market tends to build. It's meant to just house people efficiently. It would be a lot cheaper than current options and we can be sure there's enough supply. It could distribute the housing based on needs. Family of 4 gets a bigger apartment than a single person.
What could go wrong?