"But, as everyone who's ever tried to do any of these things knows, we most certainly do not live in an unhampered market. In fact, the production of housing is one of the most regulated and micro-managed industries in the industrialized world.
City planners control what sort of housing can be built — and where — through zoning and land-use laws. These central planners tell us where housing must be single-family or multi-family. They tell us if you're allowed to rent out one of your bedrooms to a non-relative. They tell us if you can build an auxiliary housing unit on your property.
With so much government planning at work, the effect has been rising home prices and a higher cost of living. And again, those who suffer the most tend to be those with the lowest incomes. "
https://mises.org/blog/how-governments-outlaw-affordable-housing
City planners control what sort of housing can be built — and where — through zoning and land-use laws. These central planners tell us where housing must be single-family or multi-family. They tell us if you're allowed to rent out one of your bedrooms to a non-relative. They tell us if you can build an auxiliary housing unit on your property.
With so much government planning at work, the effect has been rising home prices and a higher cost of living. And again, those who suffer the most tend to be those with the lowest incomes. "
https://mises.org/blog/how-governments-outlaw-affordable-housing