There is no housing crises. There is a concentration of jobs problem and a wealth inequality problem. The internet's winner-take-all nature has created a world where one office in one city can do what used to require more sprinkled out offices of different businesses. Couple that with too many rich people, who will always have more money to park in desirable places than we have time to out build, and you get people priced out of the "one place" they can get a job.
It's not housing. It's the structure of our economy. If you don't believe me, notice how every city in America right now talks about its "housing crisis". It's wealth inequality and job monopolies.