Canada is seeing housing prices skyrocket like mad because they refuse to understand this. They recently passed a federal spending bill to help fund city planners, because a huge bottleneck in housing construction is the cities requiring a city planner to check boxes on a ton of things that were never important to begin with.
City planning is one of the most destructive professions in the United States. In terms of death, lost years of life to commuting, health issues, and social ills, it has no peer. We live shorter lives, with more health issues, and are lonelier than our rich peers in other countries because of our centrally-planned built environment. We built cities the same way for thousands of years: for humans on foot; and are only now coming to realize that our great auto-centric suburban experiment was an enormous and historic blunder.