Canada

The article thankfully mentions what I believe is the main issue. Housing is a commodity now not a need to be filled.

Housing is now considered an investment. And investments are expected to go up in value. Since the majority of our population have adopted this stance, any policy that may lower the cost of housing gets torpedoed because a large amount of the population either owns property or thinks they will own property soon. People don't vote against their own interests.

This problem is compounded by the fact that people with land have more power, they can borrow against their assets to acquire more capital. People with more capital can lobby the government more effectively.

Of course my stance is that these people can get by with LESS money so that the people with almost NO money can survive. Convincing them of this though may prove to be nearly impossible and without their cooperation it's going to be a real uphill battle.

All this to say that until we NEED to get the cost of living under control. Immigration is necessary to keep our economy growing at the rate we'd like it to grow but it also is exasperating the cost of living crisis. It's complicated.