Yeah I was trying to reason about the affects of speculation but it turns out that of course there’s plenty of research on the topic, and the affects are broad and complex. Unfortunately I don’t have time to read this right now but you may find it interesting:

https://www.sciencedirect.com/science/article/abs/pii/S24058...

For public housing, there is also the approach taken by Singapore. This article discusses both and may interest you. What I think matters most is we understand that it is possible to have more people in stable affordable housing, and we accept nothing less.

https://www.shareable.net/public-housing-works-lessons-from-...