Hi from NZ where we share the same problem friend. Airbnb very efficient at extracting value from housing too.. NZ is getting micromanaged in a similar way...

Hi from NZ where we share the same problem friend. Airbnb very efficient at extracting value from housing too.. NZ is getting micromanaged in a similar way... Lots of big building projects extract masses of value from govt, similar to roadworks are a mind boggling exercise where they seem to find one good part of the road to "fix" every day with massive costs to the taxpayer. There should be Some kind of a real simple solution like container style mass produced homes, but the home has become a status symbol and we are left with growing disparity. I lived in Sydney there for a while which was crazy to see how visually bad the inequality in homes can get with these huge evacuated concrete cancer skyscrapers in Parramatta vs the opulent East coast homes