Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it’s not obvious. Here it is again so you don’t have to give FT any clicks https://archive.is/ypkln

  • frazorth@feddit.ukOPEnglish
    4·
    5 months ago

    Unfortunately the solutions are opposed by both sides, as lefties are arguing points about house building not reducing costs which doesn’t stand up to scrutiny.

    https://archive.is/LtQFc

    If we build a million McMansions, they won’t sell for £500k+ due to oversupply.

    “Affordable housing” is just basically building more at this point, the reason you can sell ex-council houses for over £300k is because, as the article you didn’t read says, 1 in 200 are homeless due to insufficient housing.