This problem feeds upon itself,.
Politicians spend too much. They discover the fiscal holes THEY create. They vote to increase taxes to fill the holes.
Those taxes are passed along to end users. That includes owners of multi family dwelling units.
So, the bottom line is this, elected officials create a crisis, fix it and then have to fix the fix. Meanwhile the taxpayers get ALL of the bill.
Rents are high for two main reasons. One, demand. There is for some unknown reason, a desire to reside in these urban areas. Two, Property and other taxes charged to land owners. These also drive rental rates.
Politicians such as Harris, need only look into the nearest mirror. There they will see the root of the problem.
My message to her and those like her. “Hey genius, if you are so worried about subsidized housing, feel free to write a check. Take care of the problem created by YOU”.