> Having said housing problem comes from lack of developments more than anything. I would argue it's more to do with the various incentives encouraging the fin

> Having said housing problem comes from lack of developments more than anything. I would argue it's more to do with the various incentives encouraging the financialisation of property. Low interest rates, discounted capital gains rate, negative gearing, lack of regulation around short term rentals, etc. Ultimately, with the proven lack of political will to address these incentives, I believe that the only thing that will fix this problem is sustained higher interest rates.