3 ms·
If 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 occ
by easytiger 4y ago
If 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.