Big cities across the world have seen a massive spike in price in the last few decades. Much of this is due to tax reasons and speculation (both foreign and dom

Big cities across the world have seen a massive spike in price in the last few decades. Much of this is due to tax reasons and speculation (both foreign and domestic). End tax breaks for real estate owners and end the ability to speculate on home prices on a large scale, and housing will become much more affordable. Or institute a Land Tax, which incentivizes high levels of housing density and housing availability. A land tax is also the most efficient type of tax that exists, and acts as an moderate wealth equalizer.