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- #3,821
Housing is a need but it’s still subject to supply and demand with the same drivers.Hey Mike - IT IS THE GREEDY LANDLORDS. But anyway, try building new, and regulating air bnb, also a bed tax for travellers.
Housing is a need mate.
Why treat it differently to food, cars or clothing, which are provided by profit driven businesses but the competition drives as small a profit margin as is viable. Embrace competition to get low prices. Interfere (taxes; disincentives) and get higher prices… as we’ve found out.
Treating it as non profitable won’t supply the housing we need - why build at a loss? Taxing alternative uses is ‘fiddling while Rome burns’ as it doesn’t solve the actual problem of being uneconomic to supply more housing stock.