Polycrisis: Factors, Impacts, and Responses in the Housing Market

The authors examine the implications of polycrisis for the housing market. Using a qualitative desktop study and thematic analysis, they identify key contributing factors including economic inequality, climate change, political instability, and technological disruption. The study highlights how polycrisis affects both housing market regulators and participants, resulting in reduced property values, increased financial risks, and regulatory challenges. It underscores the need for coordinated responses such as policy reforms, innovative financing mechanisms, and collaborative strategies involving governments, businesses, and individuals.