No need to crash it, they could build at a controlled rate so that average house price growth is roughly the same as wage inflation, which seems moderately fair. The real problem is private builders with private investors will never be motivated to do this. The real problem is why they’re used at all…
No need to crash it, they could build at a controlled rate so that average house price growth is roughly the same as wage inflation, which seems moderately fair. The real problem is private builders with private investors will never be motivated to do this. The real problem is why they’re used at all…