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by pjc50 4154 days ago
The housing shortage is very location-specific. Stoke-on-Trent were selling houses for £1 and giving renovation grants to anyone who promised to actually live there and make the area less run down.

If only there were ways of moving jobs out of London. London housing by comparison needs to go up more - not the >10 story tower blocks, more like 5 storys. Unfortunately this would probably involve clearing a lot of picturesque spacious Victorian terraces.

2 comments

Thought something like 40% of new apartments are bought and never lived in. They are a financial investment/safe capital holding vehicle.

  > If only there were ways of moving jobs out of London.
If only there were a significant class of jobs whose work product could be transmitted electronically at negligible expense.
I know, right? And yet loads of them are concentrated in extremely expensive cities.