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England worst place in developed world to find housing, says report (www.theguardian.com)
submitted 2 years ago by to c/unitedkingdom@feddit.uk
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[–] 1 point 2 years ago (1 child)

Oh for sure, it's far too simple to just impose a limit. And if any limits imposed are too punitive, as you say, they'll likely do more harm than good.

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  • [–] 4 points 2 years ago

    My main point is that a lot of people read this as a simple problem of mis-allocation of existing housing stock, when essentially all economists agree that the fundamental issue is a lack of total supply. London alone has added two million residents since the year 2000, and I'm very doubtful that it has also added two million new apartments.

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