In the summer of 2021, I visited a homeless community in a park in Toronto, Canada, and spoke to one of the residents. He was living in a tent in the shadow of brand new skyscrapers, and had been homeless for about five years. At one point he swivelled around, pointed up at a crane on the skyline, and said: “Who are they building those for? Definitely not for me.”
He was right. And he captured something experienced by ordinary people around the world: the growing conviction that the housing system is no longer tethered to their needs. What he was pointing at is not just a housing crisis. It is a crisis of democracy.