In less dense areas the car shines above anything else. However in those dense areas where people have shown they want to live cars are too big and we need something else.
That's not really how construction works in the US. All construction generates higher prices than existed before (this is explicit intentional policy, at both the local, state, and federal level).
There is no such thing as new housing in the US that lowers property values, therefore there is no such thing as a new building that lowers "prices". No one does this (except perhaps, non-profits and such). And even if you wanted to anyway, no bank would ever finance it.
The best time to build affordable housing is 20 years ago, the second best time is now.
https://research.upjohn.org/cgi/viewcontent.cgi?article=1325...
> This suggests that new construction reduces demand and loosens the housing market in lowand middle-income areas, even in the short run.