Only government action can solve housing shortages in big cities. To what extent do you agree or disagree?

It is often argued that Actions from the
government
are the only way that solve the housing shortage issues in big cities.
However
, there are many other circumstances which would affect the housing
market
, I believe actions from the leadership find a faster solution for accommodation-related issues. On the one hand, Authoritative steps can prevent the housing
crisis
in metropolitan areas since action
from
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apply
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them
Correct pronoun usage
apply
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needs to be followed by everyone.
Moreover
, By introducing residential beneficial schemes the
government
should make entry into the housing
market
to construct homes which creates a strike that balances supply and demand in the houses. On top of that, People elected entities should be vigilant to deal with any unprecedented or unexpected fluctuations in housing prices.
For example
, In Hyderabad, Since, most of the housing
market
is controlled by the
government
, we hardly see any terrible
crisis
in the
market
.
On the other hand
, As it is considerably dependent on the global
market
and
due to
several factors the
crisis
can take birth. Because of the higher interest rates and less purchasing power people are more hesitant to buy a house or build a house which may cause a shortage in supply. Only making blame on the
government
does not help in rectifying the housing
crisis
.
To conclude
, though I agree If the
government
starts introducing housing-beneficial schemes which make the housing
crisis
less severe, Still, I believe, It can
also
experience vulnerability
due to
terrible global economic conditions and many other factors.
Submitted by nikhiljulurin85 on

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