I mean, yes, technically that isn't wrong.

But let's be real, to say (or imply) that all regions operate at the same level of "capitalism" is a disingenuous argument. It seems that if the housing issue in the US were this truly the fault of capitalism, then one would expect that more leftist variations to produce better results for solving homelessness.

While not familiar with the data on this, it's my understanding that large cities in left leaning states tend to do worse at finding/providing long term housing to unhoused people.

I'm open to looking at contrary data, but that's really what it'd take to sway my opinion on the matter.