Has any country actually solved the housing crisis?

So there's a ton of countries that I've heard have had truly unaffordable housing for decades, like:

And I've heard of a ton of countries where the cost of houses was until recently quite affordable where it's also started getting worse:

It seems to be a pan-Western bloc thing. Is the cause in all these countries the same?
We've heard of success stories in cities like Vienna where much of the housing stock is municipally owned – but those cities have had it that way for decades. Would their system alleviate the current crisis if established in the aforementioned countries?
What specific policies should I be demanding of our politicians to make housing affordable again? Is there any silver bullet? Has any country demonstrably managed to reverse this crisis yet?

You're viewing a single thread.

123 comments

I think China is doing something funky, but it's hard to get reliable information about that country
- Agreed. We are sorely missing an honest and reliable source of news about China.
- Take what I say with a big grain of salt because I'm just an onlooker, but from what I've heard housing is incredibly unaffordable in the desireable cities like Beijing and Shanghai, like $600000 for a 2bdrm when the median salary is $20000. It's a speculative investment whose bubble has burst but prices are still super inflated.

You've viewed 123 comments.