Re:UK's elite hardware talent is being wasted
by brewdad on Monday January 20, 2025 @03:02PM
(#42772469)
There is no appetite for increasing supply anywhere in the West. Maybe Trump will get us into WWIII and we can shift the demand curve.
Re:UK's elite hardware talent is being wasted
by constantcrying on Monday January 20, 2025 @03:18PM
(#42772622)
>There is no appetite for increasing supply anywhere in the West.
Every single person who currently is looking to rent or buy a house has appetite for increasing market supply.
Re:UK's elite hardware talent is being wasted
by vkou on Monday January 20, 2025 @05:37PM
(#42773935)
None of those people have enough political power.
Re:UK's elite hardware talent is being wasted
by constantcrying on Monday January 20, 2025 @05:48PM
(#42774039)
In Germany it is somewhere around 55% of the population.
Re:UK's elite hardware talent is being wasted
by vkou on Monday January 20, 2025 @06:21PM
(#42774348)
In the US, it's a lot less than that.
Re:UK's elite hardware talent is being wasted
by jonp888 on Tuesday January 21, 2025 @02:21AM
(#42777402)
In Germany lifelong renting is seen as a normal and acceptable thing to do, not a temporary stepping stone which will hinder you from achieving your life goals.
Re:UK's elite hardware talent is being wasted
by constantcrying on Tuesday January 21, 2025 @02:48AM
(#42777531)
No it is not. A house is just totally impossible to finance with the average salary of two people, especially if you have children or a car.
What is needed is a steady decrease in demand or an increase in supply.
The cost of living crisis is directly caused by the huge bureaucracy needed to build new housing. And speculators are benefiting from that. As long as governments are unwilling to let go of regulations housing costs will only increase.