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House ownership is higher among boomers, who are not going to have children anyway. Maybe for some people concern for future prices is a good reason, but certai
by ivan_gammel 2y ago
House ownership is higher among boomers, who are not going to have children anyway. Maybe for some people concern for future prices is a good reason, but certainly it is not for everyone. If there’s spare capacity enough for 20% more people and population growth forecast by 2050 is just one third of that, you cannot really talk about undersupply, when there’s enough accommodation to cover even future demand.
- Macha 2y agoThis assumes a level of fungibility that's just not there. Apart from the discussions elsewhere in this thread about why spare bedrooms might not be suitable to rent, even for those that are, splitting a family of 4 across 4 spare bedrooms in 4 different properties is suboptimal at best and legally child neglect at worst. Equally, houses in Cornwall are of little use when the jobs are in London.