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The solution is to build more housing A simple supply/demand model is useful but limited when the demand is everyone.
by was_a_dev 4y ago
The solution is to build more housing
A simple supply/demand model is useful but limited when the demand is everyone.
- scarface74 4y agoAnd who is going to foot the bill for building more houses without a profit incentive? Builders of individual homes are building larger houses that are unaffordable to the people who need them the most. The answer is multi unit housing - like those being built by the evil profit seeking capitalists.
- easytiger 4y agoHis answer will be an all benevolent all generous and arbitrarily infinitely funded government. Infinite housing, for infinite people - the motto of the true altruist - all paid for by persons TBD. The same position held widely in this thread
- easytiger 4y agoIf it were that simple would not the mass exodus of landlord owners have reduced prices? There are massive amounts of new supply being built. Single person occupancy growth in the last 20 years has pushed up pressure on stock as has the addition of many millions of persons beyond the national fertility rate. Incredible levels of regulation of which I wager you know nothing make building nearly impossible. I've built many properties, managed many, sold many, bought many. These flippant simplifications don't make sense. Costs to building quality housing to a modern standard are considerable. This the explosion in generic poor quality housing with aesthetics that are vile. If there were real cost pressures we'd see trailer parks everywhere in the UK. But we don't.