It is evident from the discussion above that the inability of present government to handle the demand-supply gap has led to housing crisis.
At one point of time when the immigrants were overflowing, the government lost its control and failed to think about the housing patterns to accommodate the immigrants (Thompson, 2017). This has sharply increased the rental charges, land prices and property values. With the chaos in the property market, the job market has faced an issue with the wage allocation. The wages went lower while the property prices went higher. It worsened the situation.
As stated earlier, this housing crisis is completely manageable provided the upcoming government presents a better framework to address housing and wage issues. A number of researchers have informed that citizens are looking for smart housing policies that will mitigate their homelessness and housing affordability problems. Furthermore, such policies should be well chalked out taking the future of the country into consideration. The predictability and amendment of law towards population management are keys to win the succeeding election. These can also put an end to the housing crisis.