The current global realpolitiks shows that unless you have a very heavy industry that you can invest in, to replace the cratering housing prices, no country is

The current global realpolitiks shows that unless you have a very heavy industry that you can invest in, to replace the cratering housing prices, no country is willing to blow it up on purpose. China is trying to strategically do it, but they still have so many more people that they can lift up, move around and put to work into different industries. It's just not really the case for developed countries. I'm assuming India will take the same course in the near future, but their challenges are a bit different. Also, when supermajority+ have the same problem, it's in the interest of the government to do anything possible to delay the problem for the future generations. That's why I have reservations about US, Canada, UK, Australia and others doing the same thing. It also doesn't help when your entire population growth is depended on immigration, as you can, theoretically, keep the demand higher without many complaints, while limiting the supply. There's also the Japan problem, but it's weird. In Tokyo we're seeing rental prices actually going up, as it's the only region where the population is growing for all the wrong reasons. Oh well, good luck to us.