How are other countries dealing with the housing crisis?

Canada is not the only country in the world experiencing skyrocketing costs and a shortage of available housing options. Across the world nations are coming up with creative solutions to deal with their own housing crises.

There’s no silver bullet for fixing the Canadian housing market, and addressing the issue will require a whole slough of short and long-term strategies to alleviate the current crunch, and accommodate future population growth. It does seem as though most governments at all levels are waking up (albeit, slowly) to the fact that real action is needed to address our housing woes, but we’re in desperate need of ideas.

So how are other countries coping? And what can Canada learn from them?

Gregor Craigie, host of CBC's On The Island and author of Our Crumbling Foundation: How We Solve the Housing Crisis