Navigating the Housing Affordability Crisis

This chapter examines the historical and current factors contributing to the housing affordability crisis, emphasizing the ongoing disparity between housing prices and income growth. It analyzes political responses to the crisis, including proposals for increasing housing supply and the consequences of government-backed schemes for first-time homebuyers. The discussion underscores the complexities of addressing a multifaceted issue within the context of urban development and inflationary pressures.