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The Global Housing Crisis Deepens

From Toronto to Sydney, affordability has become a defining political issue.

Meridian World Desk·July 3, 2026·1 min read
The Global Housing Crisis Deepens

A shortage of affordable housing has escalated into a defining crisis across wealthy nations, pushing homeownership out of reach for many.

High interest rates, constrained supply, and investor demand have combined to drive prices and rents to punishing levels.

Governments are under mounting pressure to act, but solutions remain politically fraught and slow to materialize.

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