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by boldslogan 1732 days ago
I think the political will here is kind of weak...the voters who own housing dont want their asset to decrease in value and wont vote for politicians who want to force investment into industry, versus the renters who do.

I am not sure what to suggest...

2 comments

If some combination of pensions/social security allowed people to live a comfortable, safe retirement with some guarantee of food, shelter, and medical care, then they'd be less worried about the one asset they own worth more than five figures.
Medium term I think this political will will change as fewer an fewer people Can afford housing
Probably not in the UK, as the house-owning population are much older and tend to vote Conservative (the current governing party).

Young people are already screwed, and unless they all show up to vote in marginal constituences (unlikely) then they'll continue to get screwed, unfortunately.

Right, but the age cohorts that are screwed are only going to get older over time (unless policy changes).
That time is well beyond the average politicians event horizon, I suspect.