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Sunday, September 27, 2020
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Reader’s comment: Market forces

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In response to Caroline ffiske: How to tackle the housing generation gap? This, your lordships, is where to start, Reuben Wade wrote:

Until it is recognised that houses are only incidentally places of habitation, but have been permitted and encouraged to become first and foremost a speculative market commodity with an (almost) guaranteed return, then the ‘housing crisis’ will never be solved. Building more houses certainly won’t do it, especially not while importing 300,000 people a year, none of whom arrives with a house in his back-pack.

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