[superuser2]

>If we figure out how to increase supply to keep up with what looks like unquenchable and long-term demand

The answer, as it always has been, is sprawl. We can't sprawl with cars anymore: land is too valuable to park on. So we're bidding with our time: moving to further-out transit stops, walking farther to the stations, tolerating increasing crowding on the trains (losing the ability to work and read). People who nominally make $50+/hour are spending 2, 3 hours a day commuting from their $2500/mo apartments.

I don't mind being a passthrough for the transfer of wealth between tech investors and real estate investors. I am growing increasingly resentful about the hours of my life that I'll never get back, shuttling back and forth from where housing is affordable.

I could technically live close to work, but not with an emergency fund. Maybe with roommates, but that's even worse.