> This cost is driven by relatively high wages in London I disagree on this cause, FWIW, and would say the cost is driven entirely by the constrained supply yo

> This cost is driven by relatively high wages in London I disagree on this cause, FWIW, and would say the cost is driven entirely by the constrained supply you mention. It's a very, very politically difficult problem to fix, because if you increase the housing supply, people who already own houses see their net-worth decrease. I am sure there are some smart solutions, but most MPs and many voters already own homes and don't have much of an interest in fixing it yet.