Yes.
If we look at housing as a system, we now see a lot of families stuck at the bottom end of that system, as Ray pointed out quite clearly. One thing we need to be mindful of is the transitioning people are able to make through that system. We need a healthy community housing system, but if the rental housing market isn't functioning, more people are going to rely on that community housing system. If the ownership market isn't functioning, more people are going to rely on the rental housing system. These, respectively, create a housing traffic jam in the middle of the housing system.
Yes, we have to think about supply and housing for whomever—I think Ray is exactly right—but we also have to be mindful of how people can or can't transition through that system.