I'd add that we also chose policies that made housing expensive. It used to be much cheaper to live in NYC for example, but housing options included what was essentially a dorm room with shared facilities. Those were outlawedes for various reasons. There are also a lot of other policy factors that push up housing prices.
Cheap housing isn't a panacea, but if there was sub $500 dollar rent in NYC you'd see a lot less homelessness.
Cheap housing isn't a panacea, but if there was sub $500 dollar rent in NYC you'd see a lot less homelessness.