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
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
It’s by design.
The rich want low housing and high population because it makes their assets go up. Traditionally like silent generation, greatest generation and before affordable homes for the working class and the following generations was seen as an ideal that people were willing to die for. This ideal was largely realised with the boomers.
But the boomers then decided it is better if they have houses and no one else does because their wealth can go up and they can then make money like the land owners than their grandparents were kept in poverty by. Now they can do it to their children!
I honestly don’t think it will be solved until the boomers die. Even then I wouldn’t count on it. Too much effort to keep population increasing no matter the cost.
If I was PM I would end up get voted out by doing something drastic like trying to put through a land value tax and building a new city 1mill+ city maybe between Hull and Leeds. Put a big fucking 200mph train line between Liverpool and Hull. Tell everyone to get fucked and steal some quotes from Churchill and JFK about going through hard time for the better of the country.