This is obviously correct. Somehow people just can't accept the pigeonhole principle that if X people are trying to buy Y houses and X>>Y, a lot of them are going to be disappointed regardless of what laws you pass.
It's obviously incorrect. If X people are trying to buy Y houses, and 1 of them can always buy Y/2 houses, then you'll need to build a hell of a lot more than Y houses if Y is only equal to X. Right now in most places, Y < X, and a certain percentage of people can still buy many more than 1, so it seems like that's a real problem shouldn't continue during times of scarcity.
It's obviously incorrect. If X people are trying to buy Y houses, and 1 of them can always buy Y/2 houses, then you'll need to build a hell of a lot more than Y houses if Y is only equal to X. Right now in most places, Y < X, and a certain percentage of people can still buy many more than 1, so it seems like that's a real problem shouldn't continue during times of scarcity.