How does a waiting list or lottery work in practice for housing though? Would people not be able to sell housing? Would they have to sell to the next person on the waiting list? Are children able to inherit it?
I'm not trying to be coy, I simply haven't seen a viable alternative with details. And since most of the world converged on using money to decide allocation of resources, I'm wondering if the alternatives have significant drawbacks.
I understand that wealth begetting wealth, especially for generations seems unfair. But the solution to that doesn't have to be lottery or waiting list of housing. If the goal is to spread the wealth around more evenly, then that can be accomplished with higher taxes.