It is not identical to this one. There exists enough land and construction material to build housing for everyone. Many cities have enough money to buy or construct social housing for anyone who wants, but they don‘t for multiple reasons (including ideological dogma in favor of capitalism; but also conflicting interests; outsized political influence of existing homeowners; etc.).

In this analogy we could use our shared funds to hire Taylor Swift for 10 subsequent concerts, and the only issue would be who gets to see her first.