Housing market crisis due to global speculation, solutions include banning non-resident ownership

From Investing.com: 2025-03-03 03:44:00

The housing crisis boils down to a simple choice: housing as shelter for citizens or as a speculative asset for global capital. The inflated housing market has created generational and regional wealth divides, with affordability at record lows. To restore balance, steps like banning non-resident ownership and short-term vacation rentals by absentee hosts are suggested. Opening the doors to unconventional but affordable housing options is also key. The root issue is a lack of value placed on community and self-sufficiency. The choice is clear: prioritize housing as shelter for citizens or continue to exploit it as a financial asset.



Read more at Investing.com: 3 Ways to Restore Housing Affordability