Every time this issue comes up, people seem to think there is a single silver bullet that will resolve it. This is a perfect storm problem and will take a solut

Every time this issue comes up, people seem to think there is a single silver bullet that will resolve it. This is a perfect storm problem and will take a solution from multiple angles: - Restrict and tax short-term rentals. - Introduce a scaling speculation tax on three or more properties to remove the incentive for small-medium size investors to hoard. It will return supply back to the market. - Limit residential real-estate purchases to citizens and permanent residents (i.e. taxpayers). - Remove barriers to development to increase supply. Ignore the NIMBYs. - Cap rental increases. - Introduce a vacancy tax. - Limit immigration until the housing issue is resolved. - Eliminate "blind bidding" from real estate sales. I doubt any government has the political will to truly tackle this though, especially when most politicians are landlords and speculators themselves.