A majority of it is unaffordable, because like I said, we are in a problem created by over 40 years of out of control flipping/speculation and property hording by the ultra wealthy. It's going to take A LONG time to solve the problem -- PP and the CPC certainly have no interest in doing it.
I work in the construction industry. There has been plenty of housing construction. Speculation/flipping is what drove prices up. It's a problem 40 years in the making.
The Onion is the most reliable of them all now!