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The problem is we just donβt have the housing to adequately accommodate people,ββ she said.
Why is the solution always supply side and never critically examining the demand side. We can't have infinite growth on a finite planet. Oh wait line on graph must point upwards, silly me.
This is the point i've continuously made in discussions. Without lessening the elasticity on the ability to pay for the rentier class any supply side intervention will inevitably be partially soaked up by their ability to stretch that little bit further than everyone else.
It leads to the 'market' having to supply more than it otherwise needs to for the same results.
I could really do with a series of maps to appreciate a lot of whats said here.