There's probably almost 100 million Americans existing under rental stress. This prevents them from being able to save and invest. That means they have no insurance policy if they lose their job. If rent was lower, which it is in places that build more, then this is less likely to happen.
This is a fair point. And better protection regulations too so owners cannot hike rents as they so wish. We have it in Canada so not sure about the US, but I guess at least some states have some sort of protection.
