This document discusses the importance of housing studies in the academic field, covering various aspects such as sustainable development, high density development, homelessness, and speculative activities in the housing market. It explores the benefits of sustainable development in terms of social, environmental, cultural, and ecological wellbeing. It also examines the merits and problems of high density development and the major causes and problems of homelessness. Finally, it discusses whether the government should deter speculative activities in the housing market.