there are a lot of affordable houses, just nowhere where people want to live (big cities with limited space).
The very nature of limited space in cities makes it impossible for the whole population to have houses there. Let alone build millions of city houses using some vague miraculous funding
However housing “crisis” will solve itself at the latest around the end of 21 century. Rather like 25 years more or less. That’s when the cities will lose its employment providing role.
Real estate in the cities will still be more expensive and rare but it will no longer be a necessity, merely a luxury.
All the landlords will suddenly wake up with 50% value losses and no takers for their rentable shacks.
It’s not. If any candidate promises you this they are just lying for votes. They did the math and aren’t stupid
No candidate has ever offered this. I am a structural engineer and have decided on this as a view of my own.
Well it’s a wrong view but you do you
there are a lot of affordable houses, just nowhere where people want to live (big cities with limited space).
The very nature of limited space in cities makes it impossible for the whole population to have houses there. Let alone build millions of city houses using some vague miraculous funding
However housing “crisis” will solve itself at the latest around the end of 21 century. Rather like 25 years more or less. That’s when the cities will lose its employment providing role.
Real estate in the cities will still be more expensive and rare but it will no longer be a necessity, merely a luxury.
All the landlords will suddenly wake up with 50% value losses and no takers for their rentable shacks.