Vancouver's housing saturation crisis that is bad, and only getting worse, seems being addressed by various levels of government. The question is, how effectively?
As a point of comparison, may I give examples of how the issue of housing is addressed in France. Being familiar with that country, I think that there might be something to learn from them.
That said, the process of housing in France began long before our governments did - (which is only recently, TBH) - and they have had problems along the way, but in total, it works.
FYI:
https://en.wikipedia.org/wiki/Public_housing_in_France
https://en.wikipedia.org/wiki/HLM
https://www.france24.com/en/20171030...-town-planning
https://www.brookings.edu/articles/f...using-markets/