It would be great if any place in the world could solve the problem of land speculation and unaffordable housing. So far every country/province around the world even countries without real private land ownership (China) are dealing with the same problems in more of less the same ways.
Maybe Land Value Taxes can solve the problem but I'm beginning to think that these problems are part of our characteristics as a species in ways that might be nearly impossible to successfully solve.
The biggest land horder in the USA is our government, they own ~25+% of the land and refuse to let people homestead anymore, no matter that much of it is far better than the land I 'homesteaded' for a high bid in literal desert shithole where people are willing to pay lots of money to be in bumfuck nowhere with far worse positioning than much of the BLM and national forest land. It's brilliantly clear people would homestead this land if it were opened and be a significant relief valve.
Our government literally just sits and sits and vast quantities of land that goes barely used for the lols, while our young people would happily build a shack on a piece of it instead of being relegated to hopelessness.
Maybe Land Value Taxes can solve the problem but I'm beginning to think that these problems are part of our characteristics as a species in ways that might be nearly impossible to successfully solve.