UK's Housing Crisis Needs a London-Sized City to Fix It

Not weird but expected, if you understand the British population and in particular the media. They're xenophobic and down right racist in their commentary, everything is zero-sum, they see other people doing well and think they must have stolen it from them. Brexit was driven largely by this toxic mix of misinformation and people craving to believe the narrative.

I think it's weird to want to avoid any mention of immigration when discussing housing supply and demand.

we don't have a london sized tent city, but we do have people in their 40s living with multiple other people, as rent is so expensive in most cities. why is rent so expensive that young people are having to live like students far past their early 20s? because there is not enough housing.

i myself am 29 and live with two other guys in london, our rent is collectively over £3k for a shoddy built-to-rent flat. looking at house prices in the uk, it's hard to think i'll ever own my own home.

If the government makes policy to allow huge immigration, it should make corresponding policy to ensure these people are housed. The housing crisis is not from organic population growth.

Is it rapidly increasing? First two links in google show it grows about 0.33% per year now, which doesn't look too much and lower than peak in 2010 around 0.84% A bigger issue IMHO is an internal migration from former industrial areas to the London commuter belt and South England more broadly without adequate supply of housing (which is a huge boon for real estate investors and hard to believe they don't lobby for red taping). Houses up north are cheaper but equally unaffordable because wages there are low and declining if adjusted to inflation.

How can you look after an older population that doesn’t work and whose pensions increase every year at least as much as salaries, without either increasing taxes or increasing the working population?

The problem is that many view the problem as a good problem to have

Immigration is exacerbating Australian housing problems.

Australia also has an obsession with property speculation as a tax efficient investment with capital gains discounts and negative gearing.

Property in Australia isn’t about owning a home, it’s about having an investment.

Pretty much all houses in Australia are sold at auction. It’s impossible to get an accurate guide price. Every dark pattern is used to maximise sale price at auction. The auctions them selves are something of a spectacle with real estate agents acting as minor celebrities.

So much wealth in Australia is now in property, anything that reduces property value such as building more homes, increasing supply, abolishing negative gearing and capital gains discounts is political suicide. Prosperity owners in Australia have become dependent on the next owner paying more than the current owner to cover negative gearing and make a profit via capital gains. Text book definition of a pyramid scheme.

Builders are land banking drip feeding supply. Why increase supply selling for less when they can maximise value by artificially limit supply.

Then current own homers are a bunch of middle class NIMBYS. I live in a suburb the NSW government announced has a high priority suburb to build high density as it is along a rail route. Perfect place to build along a rail route with access to the city, central coast etc. The locals don’t want it.

Sydney is now the second most expensive place to live in the world. It’s property problems has a lot more to it than immigration.

So you want to blame a Prime Minister who came to power in 1979 for something that very clearly started during the previous Labour government throughout the 1970s, and just continued afterwards? Seems to be missing a few details about the state of the British economy under Labour rule. You can also see that during the Blair years, house building declines at an even more rapid rate than during the previous Conservative government.

The only thing you can blame Maggie for in this chart is what comes after 1989, which is when she introduced policy (suggested by Viscount Monckton) that allowed people in social housing to buy their homes from government for the first time.