Yes, plus, all these meta-studies always seemed to ignore the reasons for the demand shock.

"It's not the permits, it's the demand shock" (the last image in the blog post). The "demand shock", was the economy growing...quickly. And that statement is left hanging in the air like we're supposed to do something about it.

The economic growth is a good thing, we should have a housing system that reacts to it like surge pricing but instead we get a lot of hand-wringing then rezoning 5-10 years too late, so instead of temporary surge pricing, we get permanent ultra-heavy-high-surge pricing.