Increase supply (build more), keep demand steady (sane interest rates, sane immigration rates, speaking as an immigrant), and housing costs simply must fall. Yes, even if a single corporation buys every last house in the UK.
Fight supply and demand at your peril.
Define everywhere. Japan and Greece have seen population declines in the last few years, for example.
The globalization of the real estate market has always been a setup for a scam and everybody knows it, yet keeps doing it, and the whole west is now stuck in this catch-22.
Supply can be vastly increased by punishing large owners severely for letting their properties stay empty.
Every year they’re losing a big chunk of money to inflation and opportunity cost.
Yes, and in some circumstances that might have been enough. But the fact that we got to where we are now proves that we are not in thise circumstances, because it isn't enough.