It seems like many major cities of the world are experiencing this problem, and no city has been able to come up with a good solution. It always leads to displacement and newspaper articles about displacement, but no real solutions.<p>Here are a couple of solutions:<p>1. Build really tall. Hasn&#x27;t worked out all that great in Hong Kong, though.<p>2. Rent control. This is often unfair and inflates price of non-rent controlled apartments.<p>3. Tax the living crap out of property speculation. Not sure if this has been tried anywhere, and I&#x27;m sure it would be unpopular among many middle class home owners as well. I&#x27;m still rooting for Georgism.<p>4. Accept that it&#x27;s a lost cause and move on to the next underdog city that will stay un-gentrified for the next 10 years.