Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it’s not obvious. Here it is again so you don’t have to give FT any clicks https://archive.is/ypkln

  • frazorth@feddit.ukOPEnglish
    0·
    4 months ago

    Unfortunately the solutions are opposed by both sides, as lefties are arguing points about house building not reducing costs which doesn’t stand up to scrutiny.

    https://archive.is/LtQFc

    If we build a million McMansions, they won’t sell for £500k+ due to oversupply.

    “Affordable housing” is just basically building more at this point, the reason you can sell ex-council houses for over £300k is because, as the article you didn’t read says, 1 in 200 are homeless due to insufficient housing.

    • sunzu@kbin.run
      0·
      4 months ago

      .5% of UK is homeless?

      US official number is .25% but it doesn’t account for people living in cars and other form “invisiable” homelessness, which eatimated to be much larger number than visiable

      • frazorth@feddit.ukOPEnglish
        1·
        4 months ago

        Then you should read the article.

        This is the official statistics for people living in temporary accommodation whilst waiting for a house. These are families living in single room accommodation like a hotel room.

        • sunzu@kbin.run
          0·
          4 months ago

          Sounds like the contents then don’t support the headline.

          I don’t click corpo propaganda btw, let their owners pay for it themselves lol