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It is unfortunate that the building companies make more money by not building, than by building.
We need a progressive land/council tax. Hording land should cost you.
My favourite suggestion should be that tax levels are based upon a heat map of urban density, but also linked to area owned. It was a suggestion that came out of the US because they have problems with land hording in urban areas, spaces that are just a car park to act as a holding for land.
It would mean that ownership of inner city, undeveloped land and also owning large estates is penalised.
Unfortunately the solutions are opposed by both sides, as lefties are arguing points about house building not reducing costs which doesn’t stand up to scrutiny.
https://archive.is/LtQFc
If we build a million McMansions, they won’t sell for £500k+ due to oversupply.
“Affordable housing” is just basically building more at this point, the reason you can sell ex-council houses for over £300k is because, as the article you didn’t read says, 1 in 200 are homeless due to insufficient housing.