2 ms·
The lack of affordable housing is strangling the middle class (typical worker type) in every major city in the UK and Canada too, it’s nothing to do with SV spe
by ajeet_dhaliwal 9y ago
The lack of affordable housing is strangling the middle class (typical worker type) in every major city in the UK and Canada too, it’s nothing to do with SV specifically, yes that lead to the higher population but other cities have had their own industries. The real problem is interest rates are low in all these countries and speculation means people will borrow like crazy to keep on increasing the prices. We also allow it to be fine for one person to own 1000 homes while local authorities in some cases limit supply.