United Kingdom
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Of course we can't do anything about this in the short term, but long term we should be doing everything we can to fix property pricing. It's such a stranglehold on both citizens and businesses.
People can't afford to go out and spend because it's all servicing a mortgage or rent, which goes to wealthy landlords or banks, rather than circulating locally/improving government tax intake.
Businesses have to hike prices to pay for exorbitant rent rates, which further reinforces people not being able to go out and spend.
The government spends several billion per year on housing benefits, which has went from a benefit to help the few who fell through the cracks and needed a bit of assistance, to huge numbers of people completely reliant on it else they can't afford to house themselves. And who gets the money? That's right. Landlords.
We obviously can't snap our fingers and have more houses overnight, but I hope the upcoming planning reforms and mandatory building targets actually bear fruit.
I'm a home owner by the skin of my teeth (I worked 84 hour weeks, saved relentlessly - destroying my social life, and moved to the North East where housing is cheap), but I'm fine taking a hit in house value if it's for the good of the nation. Fuck the people who pulled the ladders up after them.
Build more houses in the right place with the right infrastructure