Why council housing isn't any sort of solution to our housing problems

From Randall O'Toole talking about Denver, Colorado:

Affordable housing is meant to help low-income people who can’t afford housing in a free-market environment, not to bring down the price of housing for everyone. Even helping 125 families is not going to make a dent in the overall housing market, which has been rendered unaffordable by government interference in the land market.

It's the last part that matters - by making land scarce through urban containment, government makes that land expensive. And, as night follows day, the result is more expensive houses and higher rents.

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