Comment by dwaite

> Commit to adding this many units to the housing stock every year for the next 10 years and you'll have solved the housing crisis.

That would be an incredible commitment, and not something which has happened. This burst of new rental property is already subsiding, with an expectation that rents will again raise next year. Moreso, it would be hard to get private organizations to commit to building such a massive glut of property knowing that they are tanking the market that would pay back their investment.

That is why this doesn't magically solve the housing crisis.