I was referring to Prop 13, rent control laws, federal tax breaks given to homeowners, and the numerous subsidized home loan products provided by Fannie, Freddie, the Federal Housing Administration, and the Veterans Administration. All of these were intended to make housing more affordable, but ended up jacking up asset prices to extreme levels.
I agree with you that zoning was never intended to make housing more affordable, but it's not the only policy in play.
I agree with you that zoning was never intended to make housing more affordable, but it's not the only policy in play.