Same in the UK. Rents were up 10% annually in 2022. Meanwhile, new housebuilding is at the lowest level since WW2, and the government has surrendered to NIMBYs

Same in the UK. Rents were up 10% annually in 2022. Meanwhile, new housebuilding is at the lowest level since WW2, and the government has surrendered to NIMBYs and abandoned all construction targets and loosening of planning laws. Looking forward to the when shantytowns start popping up in the UK, to really underscore its regression to developing nation status.