this post was submitted on 21 Nov 2024
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[–] [email protected] 5 points 2 days ago* (last edited 2 days ago)

As for the UK, either end the right to buy or make it a legal requirement that councils can only sell social housing if replaced like for like. That would be a start.

As for nimbys objecting to any housing development (when their house was built on fields too, the hypocrites) then something like a land tax might be appropriate. The idea being that you ought to profit from improvements you made to your house yourself, but you oughtn't profit from the increase in value due to things your didn't do, like the nearby town growing in size or just the general inflation of prices due to artificial scarcity.

Also, I agree with the overall sentiment, but pretending that net immigration doesn't put pressure on housing is silly. Of course it does. Though that is only a minor effect on the overall causes of housing problems.