How private equity is changing housing

The reasons for high housing prices generally come down to "government restriction of supply, as supported by a large amount of voters".

There's no other expense where we talk about it as a market, at least in general layman focused new and discussions. People aren't concerned about the fuel market or the grocery market. They're concerned about fuel prices. Grocery prices.

Housing is an exception due to catastrophic historical policy choices to encourage it as an investment. Government restrictions on housing supply will exist for as long as a significant number of people not only have their net worth wrapped up in housing, but who actually leverage themselves and go in to extreme debt to achieve it. Not to mention the attached cultural issues of then wanting "buying a house" to mean "buying an area staying the same".

Concentration of residential real estate among fewer owners is the only path that doesn't lead to the future being housing based feudalism where your station in life is determined by if you inherited somewhere to live, and how desirable it is.

Good luck trying to mass build in this financial and fiscal environment. Governments could cut as much red tape as they'd like now to stimulate housebuilding and the market will still continue to build higher priced homes because that's the only game in town now to deliver an attractive ROI.

A fundamental issue no one is truly engaging with his the concentration of where people want to live which has been a combination of where jobs are and the development consumer activities in those locations have fostered to keep them attractive places to live. They're too many people trying to live in too few places and thats subtly due to necessity related to where employment is.

Remote working should have eased that more sustainably over the medium term but society decided it was better to throw the baby out with the bathwater when it came to that & productivity issues etc.