Similarly UK cities built their own housing, up until Thatcher and Right to Buy. Costs spiralled out of control after that.
Most urgent intervention required in the UK, IMO. We're choking to death on the cost of housing.
Most urgent intervention required in the UK, IMO. We're choking to death on the cost of housing.
Every country in the Western world is. And it seriously hits our economies as well - when companies have to pay wages to match what landlords are asking of their employees, places like China with a massive oversupply of housing are far, far more competitive.