[inigyou]

They did this in New Zealand under Jacinda Ardern's government and house prices have started to fall, but only slightly so far. IIRC the rules were something like, lots in a certain radius of a train station or town center are mandatory mixed-use zoning, overriding any city rules to the contrary. It was very controversial for the national government to override city governments like that.

[bell-cot]

> In several opinion polls, Ardern's domestic popularity had reached all-time lows by 19 January 2023...[when] Ardern announced she would resign as Labour leader and prime minister by 7 February. -Wikipedia

Other political leaders might hesitate to follow such footsteps.

[inigyou]

It was during the coronavirus pandemic. New Zealand successfully avoided the virus completely for a few years, but conspiracy theorists thought she was just being a Nazi.

[lovich]

Is getting the prices to fall at all not a massive success when they are rising everywhere else? Wouldn’t even just arresting the price increases at 0 while other countries/regions deal with rapidly increasing prices be a win?