QuoteNot building them at all is simply not a viable option.  It just results in homelessness.    If it has to be subsidized, so be it.  Capitalism doesn't provide a viable means of making a profit from building affordable houses.  The Builders themselves say this.

Americans are patriotic and will happily experience homelessness and deprivation before they see any issues with the system.

3000 square feet new homes are selling for two million a mile from me.  These homes are 8x the price what they would have been forty years ago here.  Totally unaffordable except for the greedy skim the cream off the top capitalist.  Most fools call this progress.  And it has been for decades, Affluence moves in and drives the locals away.  It is an old American story.  It is the American progress fable.

Most Americans would flip out if they knew how many Chinese nationals are moving in to keep the price up.  I'm not going to tell them.  What goes around comes around.  It would be fitting if the new Chinese lions were replaced by concrete buffalo at the end of the driveways.  The joke would be so subtle most people would not get it.

 
This will be Seattle in 20 years. 

You will not have to ask where Chinatown is. 

Noah Cross: Exactly what do you know about me? Sit down.

Jake Gittes: Mainly that you're rich, too respectable to want your name in the newspapers.

Noah Cross: Of course I'm respectable. I'm old! Politicians, ugly buildings and whores all get respectable if they last long enough.

From the movie, Chinatown.  Noah Cross is an average guy now.  What goes around comes around.