equinox_code wrote:How will we ever reach a consensus that the only way forward is to redistribute some of this capital? At some point someone just has to take it from them without asking. Sorry
Diluted Dante wrote:Yes. The UK and Ireland both have incredible amounts of room to build houses.
GooberTheHat wrote:3d printed houses.
More Milton Keyneses!LivDiv wrote:I'm not sure if it's still the case, probably is, but I seem to remember a big issue was that these big construction companies that build all these estates bought up all the land then build on the trickle so as not to flood the market and drive down prices. We probably lack the people to do a mass building operation since Brexit as well. The latter is easily solvable. The former I guess would need some kind of time limit before forced aquisition maybe. Trouble is then you need people who know how to build a housing estate. What we need is projects like the new cities 50-60 years ago. A lot of those were various level of failure but the starting concept is sound. Then we need jobs where these places are being built so need to incentivise companies to either allow WFH or get them out of the big cities. Or both. It's a problem 30-40 years in the making so it's going to take time to sort it likely with multiple solutions.
RedDave2 wrote:Diluted Dante wrote:Yes. The UK and Ireland both have incredible amounts of room to build houses.
I didn't just mean land - and even that is contentious as building a mass of houses with no infrastructure and no people wanting to move there was a big part of the celtic tiger crash.
I'm thinking more the capacity of the building industry in our countries. Irelands is currently under huge strain for both materials and workers which has seen costs sky rocket. I'm not sure they can keep up with tenfold increase in requirements every 30 to 40 years.
GooberTheHat wrote:I'm not being thick btw. But your talking about nationalising individual people's property. Property that they have worked for all their lives. A reform of inheritance allowing that to happen without dispossessing people, to achieve this utopia, I could get behind.
Funkstain wrote:GooberTheHat wrote:I'm not being thick btw. But your talking about nationalising individual people's property. Property that they have worked for all their lives. A reform of inheritance allowing that to happen without dispossessing people, to achieve this utopia, I could get behind.
Wealth tax and land value tax and inheritance tax kicking in at under £500k per parent would be a start
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