Poor city planning and downright regulation is what causes those property (and maintenance) costs to rise in first place.

Gov is literally controlling supply (planning, permits, inspections) and demand (immigration, interest rates).

Whats even more ironic is social housing tends to not be built to the building code or maintained to safe level aka gov fails their own regulation.

Where I’m at gov makes you pay for future infrastructure like drainage they might install someday even if you make your own system!