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You only have to look into this very thread to see even people screwed over by the housing market also don't want there to be more housing.
It's clear preventing housing from being built has become entrenched in Americans on the left and the right.
Again, there isn't some magical limit to the amount of housing we can build. If a big bank wants to keep lots of Units empty and drive up the price.... a high price is a market signal to produce more housing.
Americans are taught that the house is your primary wealth vehicle. People with homes don't want more housing because their net worth would cut in half, people without homes bitch about home pricing but still want to buy BECAUSE they are a wealth vehicle.
Until we move away from single family homes being the #1 "investment vehicle" for everyday Americans, the system is going to snap right in half before it gets better.