This isn’t really the main issue though.

The problem is we don’t have enough housing where people want to live. It doesn’t matter if there is extra housing in St Louis or Cleveland when all the jobs are in NYC or SF—I am oversimplifying here, but the general point is the housing needs to exist where the jobs are.

Simply put, we need to make it easier to build more housing where people want to live, and this can be done with Zoning Reform and limiting the power of local community boards to strike down or stall a development for any reason they see fit. Another strategy could be to implement a “land-value tax.”