Being solution-based still isn’t going to help kids who live miles from the nearest bus stop catch a regular bus. A complete reorganization of our towns and cities to have bus access for anyone might be nice, but then there’s the parents who really wouldn’t want their kids going on a public bus.
Do you think the Russian oligarchs, who by the way pen a FAR larger portion of the Russian economy than their American counterparts, appeared from nowhere after the collapse of the Soviet Union? The Soviets had an extremely wealthy and influential elite
Of course, the supply of housing is not the only factor. Another is the investors buying up property which you mentioned, and the fact that people selling houses just know that they can get away with high pricing. Both of these need to be fixed, in addition to the low supply of housing.