[alecco]

But the foreign investors are doing it because the housing market has an artificial supply shortage. They are buying into a cornered market.

Of course, full deregulation is not a fix as seen with the condos built in ridiculous locations back in the sub-prime mania.

It would be good to have a reasonable plan. Sadly the plans for making livable neighborhoods was hijacked by the "15 minute city" WEF-style politicians. The Netherlands had some very interesting projects that went pretty well.