Do We Actually Want Affordable Housing: The Solution

The video discusses the housing affordability crisis, comparing real estate to commodities like wheat. It suggests that stable property prices could prevent issues like those seen in 2008, offering benefits such as reduced capital gains tax and easier market entry. While stable pricing may affect investors relying on property appreciation, it encourages investment in value-adding activities. Japan's model of stable house prices is presented as a potential ideal, though it may be challenging to implement widely.

What is suggested as a possible ideal situation regarding house prices in Japan, and why might it be hard to convince homeowners of this?

According to the text, what might be the implications of a future where people are burdened by unserviceable debt for housing?