I never claimed the balance will occur at a point that I like. This is just math, it’s not a political stance. If you want more homes, go build homes.
Then your point is meaningless. I (GP) was also pointing out the same equilibrium mechanic. The specific point I was making is that all evidence points to the equilibrium (in the US and elsewhere) being at a point that does not make housing easily attainable, and so becomes a political liability.
"Go build homes [beyond equilibrium]" is not a solution