There isn’t anything that can be done to lower housing costs without angering current owners. Returning to the 1960s rules on zoning and approval would massively increase the number of houses being built but also devalue a lot of peoples “investments”. Winners would be any one renting now and anyone in the construction business. So most likely nothing will be done to lower housing prices.
There isn’t anything that can be done to lower housing costs without angering current owners. Returning to the 1960s rules on zoning and approval would massively increase the number of houses being built but also devalue a lot of peoples “investments”. Winners would be any one renting now and anyone in the construction business. So most likely nothing will be done to lower housing prices.
But they already pick winners (landlords, owner occupiers, right-to-buy recipients) and losers (private renters)