Colombia entered the 'top 6' countries where housing prices have increased the most, among OECD members

TL;DR

Colombia ranks sixth among OECD countries for housing price increases.
The rise in prices is due to structural supply problems, not economic growth.
The construction sector has been in decline for ten consecutive quarters.
Formal housing supply has decreased for 21 consecutive months.
Lower-income households are spending over 50% of their income on rent.
Regulatory decisions, such as proposed price caps on social housing, are hindering new developments.
The slowdown in construction has broader economic implications, including reduced job creation.

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