People have different opinions about expensive housing. Some people believe that better supply and planning could make housing more affordable, while others think that public intervention may be slow or politically difficult. In my view, it can be helpful, but only when the drawbacks are controlled.
One main reason is that better supply and planning could make housing more affordable. This is important because new homes and transport links may reduce pressure on city centres. Another point is that it can also create broader social benefits. These advantages can make the situation better for many people.
However, there are some problems with this view. public intervention may be slow or politically difficult. If this problem is not managed well, the negative effects could spread further over time.
Overall, I believe the issue should be managed carefully. governments should increase supply and regulate speculation.