> The only way to do that is to increase supply of housing
And gave some examples of reduced regulation (zoning, parking) that would make it easier to build. They didn't say anything about government subsidies.
You said
> No, the best way is to build housing
Aren't you both saying the same thing?
I think you might have stopped reading at "don't make housing such a good investment" and not considered the substance of their argument.
Soviet style block housing with mixed use development would be awesome but rich Americans would HATE it. Especially when you are building on a 10 acre lot next to their $2M 3 bedroom house, 3-5 miles from downtown, to build 4,000 units for the poors that make them coffee and deliver their Uber Eats.
It's much more politically viable to allow them to build a 20 unit apartment building on their 1/3 acre lot and rent it for $40,000/month to help pay for their $2M mortgage.
https://oregoneconomicanalysis.com/2021/03/16/who-benefits-f...
Granted, those are paper gains, but still, better to have that option than to be priced out of the market completely, as many are.