In Paris, 3.5% of households own 50% of apartments on the rental market. Add institutional investors, you are probably looking at 70%+. I'm sure it is the same in every large city. In the whole country, 24% of people control 68% of the housing. Tell me again what needs to be built?
Source: https://www.nouvelobs.com/economie/20211126.OBS51459/3-5-des...