Comment on The end of landlords: the surprisingly simple solution to the UK housing crisis

RainfallSonata@lemmy.world ⁨7⁩ ⁨months⁩ ago

The yimby argument has always seemed flimsy. Its strange logic is that speculative developers would build homes in order to devalue them: that they would somehow act against their own interests by producing enough surplus homes to bring down the average price of land and housing. That would be surprisingly philanthropic behaviour.

It’s trickle-down economics applied to housing…

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