Uh, look at the suburbs in just about anywhere in the country?
If you want to take a look at a major city that does a pretty good job on real estate, look at Houston and its nonexistent zoning code. One of the most affordable major cities in America.
And the reason why developers and banks are good for housing markets is because…they’re the ones who build and finance the supply of new housing. Rare is the developer that doesn’t want to build.