It’s genuinely sad to see the world splintering into waves of nationalistic protectionism. Not long ago, we had something promising, a slow but steady crawl toward a united global community. Progress was gradual, sure, but it was real. Countries could specialize and trade freely: I’d buy your chips, you’d buy my steel, and we’d both come out ahead. It worked. Now, though, it’s all about "national sovereignty" and "in…
Turns out capital without borders ruins prices for scarce things (like housing) everywhere.
Corporations should not be allowed to buy or hold large amounts of residential property or zoned housing land. They create artificial scarcity by holding it back, driving up prices purely for profit.
A less direct but still effective approach is to restrict residential property purchases to citizens. This helps prevent international hedge funds and (sovereign) wealth-funds from monopolizing the housing market.
Some of the most affordable housing markets in the world, such as Austria, implement these policies—alongside strong state-led housing initiatives.