As we near the end of 2018, another boom is in full swing as unemployment rates drop and newly built hotels and student accommodation continue to sprout up throughout the city. Amongst this changing landscape, one thing that has remained the same is the country’s housing crisis.

Going Forward

Will we see an increase in social movements such as Take Back the City? Should there be a call for a constitutional referendum to insert the “Right to Housing” as a basic right into the Constitution?  And if so, how should this constitutional change be worded so it is not interpreted as “Free Housing for all“?

Also, how will such a constitutional change affect homeowners who are currently paying off large mortgages?