We should remove the ability of housing to become an asset class. Perhaps foreigners can co-own property with the government, rather than own it. Or if it’s empty, they have to legally fill it with someone vetted by a neutral organisation, at a competitive market rate.

I think government should maintain a stake in property developments rather than be removed from the equation entirely once the land is sold. The upside can preserve the governments ability to continue funding housing and community developments, repairs and upgrades. Though the private developers should be culpable financially for a set period of time.

Unfinished thoughts. Trying to balance capitalist market tendencies with protections against overreach and exploitation (environmental, societal, cultural, everything)….because capital concentration seems to always be inevitable