Building more housing doesn't solve the house price issue. House prices are climbing because of demand from investors, not families moving to the area and trying to find a place to live. We know this because there is not a significant population of homeless people trying to buy new build houses. Instead, we see existing landlords (individuals or corporations) buying more houses and renting them to people who could not secure the loan to buy themselves. It's a race for who can raise the most money through loan or corporate investment, which favours the existing wealthy interests.
From that perspective, the fix is to make investment in housing less attractive, which the federal government has the power to do. Not the will but definitely the power.
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