https://www.ivey.uwo.ca/media/au5f03vj/the-housing-crisis-is-not-just-a-supply-issue-here-are-two-solutions-to-fix-demand.pdf
And that aspect of the housing crisis must also be addressed if we want so see a return to affordability for first-time buyers. On the supply side, you have arguments for increasing density in residential neighbourhoods through multiunit residences, which will of course increase supply.