Some people think the housing shortage in big cities is caused by relevant policies so this problem can be solved by the government. To what extent do you agree or disagree ?

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Few individuals have an opinion that the housing shortage is generated because of the wrong policy adoption. The problem of housing can be solved by the
government
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. In the impending essay, I will discuss both views and give my opinion .
To begin
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, the
government
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is responsible for the economic
development
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of its geographical region . Because of
this
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most of the
land
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is marked for industrial purposes. The terrain is allocated to giant corporations to build their offices, factories and
development
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centres. That will always result in rising
land
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prices
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in the vicinity adjoining the sites of offices. ,
Also
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the state has to think about housing for the middle and lower-class populations.
For instance
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, In India big cities like Bangalore and Hyderabad received big investments from corporations which result in an expansion of cities . ,
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Moreover
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,Moreover
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it generates employment for the local community. Which Gives rise to Housing problems. As people are looking for accommodation.
On the other hand
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,
land
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development
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policies
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are dictated by the
development
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agenda. It has resulted in jacking
prices
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of real estate across cities and states . To have proper
policies
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government
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should address
land
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utilisation .
Land
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valuation should not be allowed to increase beyond a limit by the respective
government
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. To illustrate, In Uk , Housing across London is very expensive as
land
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is occupied by corporations to have their offices .
This
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resulted in a sharp increase in real estate
prices
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and affordable housing is not considered an option To resolve
this
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.
land
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prices
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across certain vicinities should be capped and allocated for middle and lower-class income groups.
To conclude
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, I am of opinion that
government
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can easily provide a solution to the housing problem by enacting fairer
policies
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addressing the needs of different strata of society.
Hence
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I completely agree with the statement that the housing shortage is caused by relevant
government
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policies
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.
Submitted by yash334 on

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