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This right here.
I live in a very dense city, which means building residential towers is usually the only reasonable way to quickly increase housing density. And we desperately need housing.
Large buildings can cost billions to build. You need a government or corporation to organize around if you’re going to make that happen. And unless you’re China or the USSR in the 70’s, going the government route is going to be damn near impossible right now.
Best option is to regulate private industry.
Let corporations build them, don't let them own them.
If they build a 100 unit apartment building, don't let the corporation just rent them all out themselves.
Force them to be sold to individuals. That keeps the overall condo prices competitive, and then people who buy them can then rent them out on an individual basis for those who prefer not to / can't purchase a condo outright.
Limit how many residential units a corporation can own and incrementally increase taxes for every unit above that limit.
Limit how many corporations one person can own. No more of this bullshit 20 numbered companies in one person's name to get around shitty business practices.
As I stated at the top of the thread, nobody builds condos in cities anymore because they don’t make enough money to beat the market. If I’m rich enough to build a skyscraper it better have better returns than buying an s&p etf. This is the key issue for cities. If you block corporate landlordship, they won’t build condos instead. They will build nothing at all and invest in other stuff.