Maybe build more? I know folks who already own properties hate this little trick, but its pretty effective in solving this. Maybe you've not heard but there is more people than 50-100 years ago when many buildings were built, and disproportionally more in bigger cities where most well paid work is.

There are other factors like zoning and other laws, mentality of given population etc but gist is above.

>Maybe build more?

Not up to me. I'm not a politician. And like you said, property owners hate it and they are majority.

But it's just as easy to oppose gentrification from wealthy Americans without equal terms in exchange. It has the same effect on supply/demand.

Otherwise, I'll be forced to vote for the most radical and vindictive politicians out of spite to see the world burn if I see my government prioritizes wealthy foreigners and throws me under the bus.

Every action has an equal and opposite reaction.