> The answer is to control the housing market and stop it being used an investment against inflation. Force people to invest in industry against inflation - not

> The answer is to control the housing market and stop it being used an investment against inflation. Force people to invest in industry against inflation - not rent-seeking in housing This. Every boomer thinks he's a genius investor for simply blocking all residential development and looking at the price of his house go up. The government knows it and wants to keep the votes coming in so they prop up real estate as much as they can. Notice the same parties will simultaneously try to push some sort of virtue signaling (pro-diversity or whatever) to the younger demographics at the same time. They can't afford to pander to them via housing policy so they have to find something else... This isn't creating any kind of value, nor innovation. Apple, Google and Facebook, like it or not, created a tremendous amount of wealth for the country. Housing didn't.