Earlier quoted context omitted.
Also: Nobody in a village should take up 2 houses for themself. But some can, and can even take up 100 houses... so long as the other villagers are fighting amongst themselves, over whether their house should be larger than that of their neighbor. Turns out most of their problems are arguably traceable back to those people with 100+ houses each. Which would be glaringly suspicious to an outside observer. But the vill…
Institutional housing ownership in the US is not a material contributor to housing price inflation [1]. With that said , we are approaching a housing shortage of +4.5M [2] units, and in concert with YieldStar's Backpage revenue maximization engine [3] (which is laundering landlord price fixing), renters are being squeezed (because where are you going to go if you can't afford to buy? you will pay, or you will be home…
The actual solution to housing price inflation is a full correction that wipes out the inflated value of housing in this country, cutting each property's worth back down to its intrinsic value. Affordability and use would reset to what the real market actually can sustain, as when the income tax forced wealthy property owners to divest of and demolish or convert their grand mansions into apartments for people to actually live in.
There is no housing shortage (Zillow has an obvious conflict-of-interest). There is no need to load even more money into the system by providing cheap money to builders (a naked corporate giveaway that will surely represent yet another wealth transfer from taxpayers to business-owners). Pop the bubble. Planning considerations can follow, once land and property values actually reflect their intrinsic worth. If you do it before that, you throw billions of dollars worth of resources and labor into misbegotten initiatives that do no good for the communities that they're supposed to serve (e.g., highway expansion).