Housing crisis: New York is showing us the way

The business of business is profit while the business of government is welfare, so why is it that for decades various administrations have relied so heavily on business to solve our housing crisis?

From the late 1980s up to 2008 public-private partnerships (PPPs) between local authorities and developers were the standard way of providing large-scale social housing but it was a catastrophic failure and we still have a crisis.