The housing shortage in the UK is crippling and it will only get worse.
The housing shortage in the UK is crippling and it will only get worse.
If only there were ways of moving jobs out of London. London housing by comparison needs to go up more - not the >10 story tower blocks, more like 5 storys. Unfortunately this would probably involve clearing a lot of picturesque spacious Victorian terraces.
> If only there were ways of moving jobs out of London.
If only there were a significant class of jobs whose work product could be transmitted electronically at negligible expense.The UK is a ridiculously unsustainable mix of mega-high demand cities with others in almost constant decline. There's no reason everybody has to work in London, Birmingham and Manchester.
That, and stopping developers sit on land while they wait for house prices to come up. Screw it, if we need houses so much, why aren't councils renationalising housebuilding?
There are so many more, objectively better options than continuing the cycle we're currently locked into.
They're not allowed to do so, they don't have the money, they don't have any way to raise it, and it would be vulnerable to NIMBYs.
(I also agree with the points below about the housing shortage being localised. We should do what Silicon Valley did a long time ago and move some firms to a new area.)