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Comments by "" (@lonevoice) on "UK housing market crash is "the end of the PONZI SCHEME" | Economics | The New Statesman" video.
Agreed. There has been a clear failure by government to build sufficient new homes for the increasing size of our population. In my view and until that it rectified, all renting apart from short term and holiday lets, should be regulated and be on social housing terms. That may well result in landlords wanting to sell and in turn a collapse in house prices, but that could be good, and families could once again buy. At least then a house may once again become a home rather than an investment opportunity.
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@bbdj2779 No. It's both of those. Property has become too much of an investment opportunity which the greedy are happy to take advantage of but it is also a failure by government to build.
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