The issue is near global no matter the wealth of a country. Why? We have allowed homes to be investment vehicles like stocks. This is what you get and given that those who own the homes do not want to see their value go down, you better believe they have infiltrated the government to ensure it. It is working. Maybe a little too well as things are getting desperate and surely cannot be sustainable.
Right. Communism vs capitalism is just more centralization. There are plenty of decentralized options to balance things as too much centralization, no matter the political system leads to corruption.
German housing crisis: 'Like winning the lottery!' ( www.dw.com ) Englisch
Communist Filth/Capitalist Filth ( lemmy.ml )