Do you think socialists should embrace higher prices for everyone over longer times for everyone?
Even without an explicit wait list, I've been saving money for years and still don't have enough for a down payment to own in the neighborhood I prefer. The price growth seems to match my savings.
And unlike a wait list, I don't have a rough ETA on when I'll have enough money.
It's not like there's only a single price vs. wait list time trade-off. I could live in the suburbs, where it's certainly cheaper, but where commute time increases and local options are reduced.
I think that finding reasonable housing quickly, where you can wait two years until moving into your desired housing area, sounds embraceable.