Crises are going to continue being crises as long as the wealth inequality of people worldwide continues increasing.

Think of it like this. There’s a finite amount of money in the world. Right?

The wealth of billionaires has doubled in the last few years. That money came from somewhere. Still with me?

Ok, so… if the wealth of the wealthiest people has doubled, that amount of money they gained was previously held by the less wealthy, but it has now been consolidated into the wealthier people’s bank accounts.

So. How do we solve the housing crisis (or any crisis)? Step 1 has to be to undo the consolidation of wealth. Solving crises without addressing the consolidation of wealth is a pipe dream.

Feel free to hunt for legal mechanisms for achieving that. But I think you’ll find there are institutions and propaganda preventing those mechanisms from being effective.