I’ve been saying it for years. We need to give HUD 500 million dollars (to start) and immunity from all but federal environmental laws. They drop apartment buildings in the highest cost markets with prices set to repay HUD over 50 years, cover maintenance, and two remodels in that time period. And the rent is of course nearly stabilized because it’s not seeking a profit. Then use the near guaranteed asset income to finance the next wave of buildings.

Just start dropping fucking anchors into the market.

They need to do the same thing for groceries too. Starting in food deserts, then monopoly areas, then high cost of living areas. Americans think they would hate it but in reality there would be literal fights to get those apartments.