As this article reminds us of, we’re not alone in our housing affordability crisis.  With Vancouver trying to ease the continued upward pressure on already high housing prices through policies such as new rules around assignments, implementation of the new 15% property transfer tax imposed on foreign buyer’s, and increasing government subsidized affordable housing stock, this article summarizes some various tactics being used by other cities around the world in hopes of curtailing their very own housing affordability crisis’.

http://www.domain.com.au/news/housing-affordability-what-australia-can-learn-from-the-rest-of-the-world-20150703-gi49qr/