I would really, really like to see governments taking this issue seriously, starting with a proper effort to determine how many of the residences in their juris

I would really, really like to see governments taking this issue seriously, starting with a proper effort to determine how many of the residences in their jurisdictions are not used as a primary residence. I suspect the results would be enlightening and point the way to effective regulation. I firmly believe that most investors are chasing capital gains as yields at current prices (even with extortionate rents) are mostly a joke. It's bad enough that some speculators don't even bother renting out their property. A widespread residential property market crash would be painful but looks like the most likely outcome and solution. I'm hopeful that as interest rates rise capital gains will diminish, disappear, or even go backwards. Indications are that this is already underway in many places.