And this goes back to the title of this article, part of the reason people see parenting as so burdensome is they now have to deal with the added realities of a Civic planning policy that is a miserable failure.
Edit: To add data, to build a basic house ( 4 corner ) at a Good, but not luxury level averages $147/sq.ft. , to build a multistory residential unit at highest quality it averages $150/sq.ft. If you build over 15 stories the average price can drop by about 11%. Those are raw construction costs, including labor and materials, and take into consideration most new housing developments in the suburbs are _not_ basic 4 corner houses.
100% true. I work as a real estate data researcher. Totally agree suburban sprawl is a significant failure, and we're seeing in this thread yet another example of dragging out the old reliable cop-out "market forces" as a way to pretend that bad decisions made were good decisions. Up is down, sun rises in the west, etc.
We absolutely have got to get out from under this pervasive market fundamentalist quackery.