Canada

I'm not saying a fine will work, I'm saying that building houses for just the richest with the idea it will lift up the poor won't work, the assumptions behind it are unrealistic.

As houses trickle down the market many get rented out instead of sold, or just owned as a secondary property. I know a guy with a house in NYC and SF and he flies between them, I know other people who have their house and their pad for when they're working in Toronto.

If you only increase supply for the rich, it only marginally increases supply at the bottom, and by less than you've built.

If you only built houses for the poor you'd help more people, because the classes aren't evenly split, they're exponentially divided. But building only for one market is foolish.