Housing is almost impossible to fix at this point. Housing is seen more as an asset class than a social requirement (although, not everyone thinks this way there are enough people with money that it doesn&#x27;t matter what they think, it is an asset class). The majority of the issues you highlight are caused by the amount of capital moving into real estate and the amount of resistance to change is directly proportional to how much the house is worth. Almost any change in housing will be universally opposed by owners unless it improves their house values (sometimes a change may improve one set of owners while diminishing another but that just makes for more media friendly conflict).<p>Tenements and social housing have been tried and mostly failed. Interest rates and taxation only have a marginal affect until they reach extremes. Emigration from an area has been shown to lower prices but at great social and economic cost.<p>Then there is demand, everyone needs somewhere to live. Don&#x27;t just consider local demand, consider international demand. How culturally, economically or socially appealing an area is to an international audience (that is, does nearly everyone want to live there).<p>I view it as almost impossible for housing to improve for everyone while it is an asset and there would need to be utterly draconian or utopian changes to switch high quality housing from an asset to something universally available.