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Well yes, in the world we live in there simply is not enough housing to meet demand. But ‘building more section 8’ seems like a strictly superior option to ‘building krushchevskys’ and much more likely to happen.
No disagreement, I'm fine with more section 8 and I've said somewhere else in this gigundo thread that I think there's a role for a healthy mix of both public and private solutions. There's plenty of room as well for a less regulated housing market though that doesn't actually include tenements or really cruel situations either. I'm thinking of stuff like the requirements that American buildings have two fire escapes without evidence they result in less fire deaths, regulations that make it way cheaper to build under five stories unless you're going to make a mega high rise, all the way to laws against Accessory Dwelling Units that keep you from renting out spare rooms or converting your garage into an extra room (the latter were cited in particular as a solution that might make it easier for people to house their temporarily homeless relatives.)
This is kinda pedantic but even krushchevskys at the time represented an increase in amenities for a lot of people who had never had indoor toilets or running water. A lot of them are still around today, some quite nice after remodeling, the kind of thing young PMC might be renting.
Sure, I totally agree that cutting regulatory red tape on the housing code would reduce rents and that that’s a good thing.
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