>A focus on affordability over supply puts the cart before the horse.
You have to have this discussion again and again. People simply refuse to accept this simple fact. Increasing supply is the best way to make housing affordable.
Instead of making limits to housing prices, create mandatory new zoning and housing construction when there is not enough affordable housing. People who can afford expensive apartments are in lower numbers than those who can afford low cost housing. Just build more and prices drop and quality of housing increases.
You have to have this discussion again and again. People simply refuse to accept this simple fact. Increasing supply is the best way to make housing affordable.
Instead of making limits to housing prices, create mandatory new zoning and housing construction when there is not enough affordable housing. People who can afford expensive apartments are in lower numbers than those who can afford low cost housing. Just build more and prices drop and quality of housing increases.