If you want a house right now, yes, you do have to sit at the placard for hours. There is no alternative.You can stop this madness yourself at any point by not sitting at the placard for hours - no one is putting a gun to your head to do so, you're free not to do it.
Given all their announcments its clear that they're aware of the problems the current housing situation has and they're implementing some "fixes", including a lottery system - maybe not the fixes people want to see, but the fixes they seem to consider their best options within the current system.
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