There are many obstacles like complex building codes, limited supply of building sites, credit requirements or limited public transport. Reduce them, respectively increase public transport, and more people have an opportunity to spend their money on real estate with the expectation of profits.
With competition, other units will be cheaper. Units will be rented for production costs. Competition is not a bandaid but the solution.
Lmao you can’t be serious?! Where is this competition right now and why aren’t they completing currently competing?
There are many obstacles like complex building codes, limited supply of building sites, credit requirements or limited public transport. Reduce them, respectively increase public transport, and more people have an opportunity to spend their money on real estate with the expectation of profits.