Where are the homes? Glaring need for housing construction underlined by Century 21 CEO

The US, as well as Canada, need to have a large public housing/social housing sector, as found in the UK.

We can't rely on the market to supply the needed housing stock for low-income people. A case where private-sector developers' interests and social interests are clearly misaligned.

There needs to be affordable accommodation in the inner cities.

Building new homes makes existing homes less valuable, which is why so few new builds go ahead. Simple supply and demand, and the people who make the decisions have all the supply.

The US, as well as Canada, need to have a large public housing/social housing sector, as found in the UK.

I think you mean mainland Europe, not the UK. In Vienna, with all them "small c" conservative Austrians, 60% of people live in social housing. The UK is nowhere near. Huge chunks of UK social housing have been sold off in the past 35 years.

Lots of existing housing is the wrong size , is badly build and to expensive to heat or cool, and is in the wrong place. So it is important to build new homes and to do so in a better way than the past.

Due to hyperinflation and increased interest rates, a lot of people in the UK are struggling to pay their mortgages. Lots have negative equity as their homes are now worth less than they paid for them. Many will move to a smaller property, or to a cheaper part of the country. House prices vary wildly in the UK. Local issues also cause problems (flooding, low traffic tolls, much reduced public transport). The government will be placing more restrictions on private landlords and blocking holiday lets, causing owners in the buy-to-let sector to sell up. This will increase the supply of cheaper properties to buy, but reduce the availability of rental. New climate restrictions will reduce opportunities to build new houses. Local councils are going bankrupt each month, restricting them to legal minimum operations. They stand no chance of building more social housing, as they won't have the cash. So the UK housing market is quite toxic at the moment for everyone.

UK homes have no air con. Most are heated by gas central heating and poorly insulated. Things are only going to get more expensive for everyone.

The US, as well as Canada, need to have a large public housing/social housing sector, as found in the UK.

It is the very last thing we want. The US built such housing after WWII and they became gang infested slums.

There needs to be affordable accommodation in the inner cities.

Nobody in their right mind wants to live in an inner city. Most people who can want to leave big cities entirely. You are wasting your breath trying to tell families living in single family homes they have to accept high density high rise housing in their midst. They will never allow their local or state governments to cram these horror stories down their throats.

The US built such housing after WWII and they became gang infested slums.

The occupants were overwhelmingly unemployed or on welfare. Today's problem is the working poor. They put in 40 hours or more at Amazon or elsewhere a week, so they're too tired to join gangs and are more than happy to have an affordable roof over their heads.

Thanks, supply-side globalization!