Because rising in equality is not the root cause of the housing crises. Middle class people who ban new housing from being constructed are the root cause. When housing can be freely built housing prices dont increase faster than inflation.
Of course nothing is that simple, but end of the day it actually is that simple here. There is demand for X number of houses but because of NIMBYS we can only have some number lower than X. Without NIMBYs we can satisfy all the demand. Wealth inequality could be the cause of a housing crisis, it just isnt here. If the reason we cant have X homes was something other than unjust laws created by the middle class Id be much more willing to blame inequality.
Regardless of what you think, inequality is a major component of the current housing inequality.
Yiu also have to step back and consider why people feel like the need to bundle up in the cities - if that a General lack of opportunity elsewhere due to inequality?
You are seeing a wound and saying: yep, that happened because the skin got damaged.
