Blackrock made it's rationale public and explicit -- as long as the supply of new homes remains low and building new homes continues to be difficult, then the expected value of properties in places people want to live will continue to go up. Build more housing and their investment returns fall.
I'm not exactly sure what we can do here to counter this, when the government is completely controlled by rich assholes who just want to see their already paid off homes go up in value.
