> housing is incredibly overpriced in much of the world

Can we please stop this on HN? No, it isn't -- "much of the world". It is overpriced in tiny areas (with incredibly vibrant local economies) of very wealthy countries. Even if you leave Paris, 25+km outside of the city, the property is suddenly reasonably priced. Same for Berlin. (Forget London!) Same for Tokyo. Same for Milan. Also, mostly we have our parents' generation to blame for outrageous house prices in these tiny areas -- they consistently supported and voted for NIMBY-friendly policies. The solution is "simple", but, politically, very difficult to implement: Make housing a human right, not a casino.