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What makes you think the government has the slightest interest in building any social housing, much less lots of it? What’s the net positive for them?
Just remember that every home and land owner will instantly vote out any government that messes with their nest egg’s value.
You could try and argue there’s more people who want cheap housing than those who already have it but it’s nowhere near enough to keep a government elected.
What makes you think the government has the slightest interest in building any social housing, much less lots of it? What’s the net positive for them?
Just remember that every home and land owner will instantly vote out any government that messes with their nest egg’s value.
You could try and argue there’s more people who want cheap housing than those who already have it but it’s nowhere near enough to keep a government elected.
Not collapsing society?
Society won’t collapse but people are gonna need to get used to living in small places. 1200-1400sqft for 2 people will be a luxury in a big city.
Single detached? Forget it.