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I think the population of UK increased a lot since mid 20th century, while the land is the same, increasing the population density and competition for resources
by AdrianB1 7y ago
I think the population of UK increased a lot since mid 20th century, while the land is the same, increasing the population density and competition for resources, driving prices up. Economy 101.
- esotericn 7y agoThe land remains static, sure. The housing doesn't have to. It's effectively unlimited, only bounded by construction materials and political will. We have the former. The latter is severely lacking.
- mytailorisrich 7y agoIn London the population decreased throughout the second half of the 20th century and has only recently reached its previous peak of the early 1950s. Outside of London there are many areas were real estate price are low. The main issues in the UK are that most of the jobs are around London and that the public transports infrastructure is poor (actually even roads) yet expensive. So many people end having to live around London while paying up to £500 a month to commute on unreliable trains. Another issue is that flats are frowned upon and usually poor quality.