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ELI5: Why do countries like Australia and Canada face such severe housing crises? The countries are resource-rich and can surely have leverage over migration to seriously bring in more tradespeople, or ban foreign buyers, all the while promoting the Vocations surely?
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lahiru2004 is
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As an outsider, I don't understand the crux of the issue these countries face. Is it really migrants causing house prices to run up, the ageing population, lack of tradies or what? Surely if it's a bureaucratic roadblock like zonal laws, politicians can change those to get an easy PR win? Genuinely curious.
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Chain migration real estate speculation lots of necessary imports overregulation = It would need bipartisan solutions and we don't do those anymore.
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