The Global Housing Crisis: Why It’s Not Just Us

Soaring home prices aren’t just an American problem—they’re happening everywhere. Tim Lucas and Craig Berry explore how housing affordability has collapsed across developed nations, why Japan is the strange exception, and what global patterns reveal about our future.In this episode you’ll learn:The global scale: In the UK, if egg prices rose like housing, a dozen would cost $120—a symbol of widespread market dysfunction.Japan’s opposite crisis: A shrinking population has created over 9 million vacant homes, some selling for under $10,000.Falling fertility: With U.S. fertility at 1.6, and similar declines worldwide, demographics are reshaping housing demand.Policy experiments: The UK’s Right to Buy boosted ownership briefly but worsened social housing shortages, leaving 1.2M on waitlists.Common blockers: Across nations, researchers identify four recurring hurdles—anti-immigrant sentiment, means testing, high construction costs, and NIMBYism.The path forward: More density, diversified housing types, and a rethinking of urban development will be essential to stabilizing global housing markets.Read the full article:https://www.mortgageresearch.com/articles/not-just-the-us-most-economies-face-housing-crises/