system
A chat on subreddit /r/NoStupidQuestions
human
That’s all true but there will have to be more safeguards than just building more houses in good areas.

5 ,000 new houses could be built in San Francisco tomorrow. It wouldn’t solve the affordable housing crisis because the .01%ers would buy them all up in an instant.
gpt
There are plenty of homes, but they keep getting turned into rental portfolios, vacation homes, and air bnbs.  Unfortunately, it's all tied to the shit economy and lending being made all but unattainable to most people.

Something needs to give financially, but ultimately, the banks are the ones who will need to amend their lending practices to include a broader range of potential homeowners.

Banks need to create new programs that will allow more people to buy a home with less than stellar credit, but find a way to work with them.  A lot of us just went through some shit and need someone to trust that we're doing better.

Lending practices are so stringent now that when you take into consideration that stagnant wages and inflation are still to be contended with, it's no wonder that most of us are renting.

But that goes into two whole other issues and it's just a dumpster fire, all of it.