The problem with building new homes is that you have to borrow the money to build em. Otherwise the only funds for building would be the surplus profit from the (low) rents. If it was easy to borrow more capital, then Housing Associations would be doing it in droves. As it is they need government subsidies if they are to build any significant numbers of houses and that is not forthcoming to any worthwhile degree these days.
There are about 28 million dwellings in the UK and I am highly sceptical about the number of 1 million vacant properties. Looks like the estimations of vacant properties is pretty hard to pin down - goes on things like council tax stats (where the council has no record that a property is occupied) along with other source.
Is democracy being by-passed in favour of the billionaires?
Sometimes it’s just the small things that press the bruise isn’t it? 😢



Obviously not!

