The vast majority of Americans own houses

So when you “Scoop up existing homes” you don’t realize you’re paying the person for paying the builders?

I like this “i didnt lay every single atom of the house” argument lol

We do have bigger venues. But no matter how large the venue, the concert has to be in a venue which has a capacity limit.

No such thing exists for housing.

Concerts fundamentally have a limit or capacity. There is no such thing for housing. All current restraints are arbitrarily chosen and we can change them if we want to.

At the root, housing in the US and especially California is a tragedy of the commons where it is in no current owners interests to allow more construction. So all of them have created a homeowners lobby to make new construction illegal.

“I don’t build them, i just pay the people who build the houses to do it”

You really think thats such a big distinction?

extortionists

This only exists because almost every American city makes it illegal, or very difficult to build new housing. It’s very hard to extort people when the a proper supply.