> This is a problem of underutilisation in my view. Too many properties are being used as investments and not as a primary residence. Not in London - according

> This is a problem of underutilisation in my view. Too many properties are being used as investments and not as a primary residence. Not in London - according to a pressure group saying there are too many houses used as non-primary-residence [0] - they claim just 1 in 45 houses are either airbnb, second homes, or empty, and half of those are second homes (i.e. someone with a small flat in the city and their main house in the country) On top of that you have the hidden demand. A typical 3 bed house will house 4 or 5 30yo adults in a HMO because there simply isn't enough housing. Lower rates means House prices are higher sure, but that's because the monthly cost will always rise to meet what's affordable. If supply outweighed demand then prices would fall. [0] https://static1.squarespace.com/static/6553693f7d629a133b6a4ece/t/6556395f5ebbf5732fcbc36e/1700149600422/London+stats.pdf https://static1.squarespace.com/static/6553693f7d629a133b6a4...