wwqrd

TLDR version: “it’s making it too hard to privatise services”

This is what I was thinking too.

Ed: And also, when you look back and see inevitable progression, it might just be hindsight bias.

I’m not disparaging people looking out for themselves.

However, renting out an asset (which generally isn’t depreciating) is only going to increase the inequity between the renter and the landlord. If their relationship is based entirely on who can afford a deposit then I don’t see what excess of demand and supply has to do with it.

If you’re talking about building so many houses that they loose their value as a commodity entirely, the problem there is an entire generation who have staked their pensions on property.

I don’t have any answers.

I think the point is that if you have money to begin with you can leverage that against those that don't.

In the UK a mortgage is generally cheaper than rent.

You "choose" to rent when you have no other choice.

Just glue your mobile to the wall in the hallway.

Do we really need to police how the young and affluent are talking about their gap years?

Seems kind of like replacing common functional patterns with esoteric configuration objects?