Well there’s also a dramatic under-supply of housing as well.
A tripling in housing cost resulting in average houses costing $80k or so, which would approximately align with price increase/sqft would be much more tenable for people.
Still, it’s a higher standard of living and more expensive though, and should be taken into account when looking to provide the right economic conditions for people. That’s why I brought that up.
Bottom line is, as always, fuck NIMBYism and build more. Big houses, small houses, multi-family housing, all of it.