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Was there really a housing problem, while the UK was still in the EU?
by hutzlibu 4y ago
Was there really a housing problem, while the UK was still in the EU?
- deleted 4y ago[deleted]
- nibbleshifter 4y agoYes, but it had fuck all to do with immigration. The UK's housing issues are largely a housing policy problem. Its not that the UK has a shortage of accommodation units, its largely that the free market rewards property value speculation over actually occupying those accommodation units in areas of high demand, and having actual tenants is seen as a liability. There is an imperial assload of empty residential units across the UK (and especially in London) where the owners are deriving greater value from pure speculation than rent seeking. There's other aspects to the issue than this, but that's one of the bigger issues that could be resolved with policy changes to penalize the fucking absurd practice of keeping properties empty.