Several of the candidates at the council Q&A session talked about the need for affordable housing in Los Alamos, evincing what to me is a basic ignorance of economics.
The cost of housing is based on the cost of its economic inputs; that is, land, labor, materials and capital. The price of housing is established in an auction market between a willing buyer and a willing seller.
As the run-up and collapse of the recent housing bubble illustrate, the two are only loosely linked.