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> Yet in capitalist America...?

Restrictive zoning is the prohibition of creating housing capital, so it’s ironic and incorrect to blame capitalism for the housing shortages in restrictive metros such as the Bay Area. Landlordism or rentierism might be better words for the capital repression.

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Its still an economic system in place, whatever you wish to call it that causes these issues.

But the economic system in place is not producing those effects in all countries that subscribe to such a system, so saying so is a poor conclusion. Many capitalist countries do not have housing shortages, so it seems very glib to blame capitalism when there are more accurate and more granular phenomena to point to.

I mean out of these, which seems more accurate?

1) In some capitalist countries, there is a housing shortage.

2) In countries with restrictive zoning regulations, there is a housing shortage.

If this was caused by the economic system you would see it in every city not just the wealthiest.

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