If anything, populations here are declining, the set of voters is basically "everyone", or near enough, owning a home isn't particularly supported? Though not d

If anything, populations here are declining, the set of voters is basically "everyone", or near enough, owning a home isn't particularly supported? Though not discouraged either, there is quite a bit of new construction, but on the outskirts of the city (as happens usually), and there are no rent-control policies. This is why I'm mystified as to what's driving prices up, I've heard things like increasing tourism making owning a home a good investment, foreigners buying homes to get citizenship (a "golden passport"), and foreigners trying to spend their unlaundered fortunes abroad.