[bilqis]

This won’t happen under current state of capitalistic systems. No-one will fund this for sole purpose of public good.

[rocketbop]

It seems like this is true, and depressingly short term thinking on the part of governments. Social housing can be an asset for the state, and if not profitable at least less costly in the long term than current piecemeal approaches.

[negidius]

There are a plenty of people who want to build more housing, and they would make a lot of money doing that if it wasn't illegal. The problem is not capitalism, it's statism.

[bilqis]

When you’re building housing to make profit, you’re not doing it for public good, you’re doing it to extract profits.

And housing problem exists in places other than USA, with wildly different policies.

[mantas]

It's an infinite loop. Build more housing to suck in more jobs and people. Then you need even more housing since people from now-depleted surroundings come in. Rinse and repeat.

It's not capitalism or statism. It's lack of safeguards to prevent concentrating too many people and economy into too tiny pieces of land.