I don't agree that personal housing is a problem. When they were FC only, people just made solo FCs and bought a house anyway. I have a friend that still has his solo FC house. In addition to his main FC's house, and a personal cottage he just bought. If anything, not having personal housing contributed to the problem in the long run. There's lots of people leftover from the old days that have multiple houses because of it.

However, I'm 100% in agreement that a cut in cost caused this. Housing should not be so easy to attain. When demand eclipses supply, lower prices are never the answer.

I remember when picking out a house was so leisurely. People actually waited for land to devalue, and had time to debate between available plots. I feel bad for people that lost their prime choices and just rushed for the first house they could get to. They never really got that shopping and debating experience, which I rather enjoyed.