This formula assumes all property and services are in abundance, but that is not reality.
I think you're not reading the news enough...
> If the housing doesn't exist, we build it.
Where? Cities (and Nimbies) don't allow new housing to be built. Cities like NYC, LA, SF, Seattle are partially or fully surrounded by water. How do we "grow" the land?
Why? Cities cap rent prices, so it doesn't make sense for a builder or investor to spend $1m getting permits and building property to make $1k/mo in rent.
> If the food doesn't exist, we grow it.
This is easy for the USA, but doesn't help for countries like Sri Lanka that physically can't grow their own food.
A federal Job Guarantee does have the potential to ease housing pressures by increasing mobility and allowing people access to lower cost housing options that can ease local housing pressures in larger cities.
If people don't have houses, give them a house.
Social housing isn't exactly a novel concept.