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A comment on You Can Thank Private Equity for That Enormous Doctor's Bill. Parent comment

Re:You Can Thank Private Equity for That Enormous Doctor's Bill by lr4444lr on Thursday May 30, 2024 @09:13AM (#40523280)
Mortgages are quite old. The rapid relative unaffordability of houses relative to median household income is fairly new. I suspect other factors are at play.
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Re:You Can Thank Private Equity for That Enormous Doctor's Bill by ClumsyPilot on Thursday May 30, 2024 @11:16AM (#40524738)
UK has reliable economic data for hundreds of years, housing is the most unaffordable it has been relative to income since the times of the Plague
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Re:You Can Thank Private Equity for That Enormous Doctor's Bill by dartos on Thursday May 30, 2024 @09:22AM (#40523400)
Yeah, I think there are a lot of complex factors that’s causing the housing problems.

Private equity, sure, but also the inflated cost of construction materials, realtor and land lord collusion, automated rent fixing, incentives for landlords to keep empty units rather than budge on rent.

It’s a big mess

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