Novara FM: What’s Really Causing the Housing Crisis? w/ Nick Bano

Why is it so expensive to rent in the UK? Is it because landlords are gouging prices to levels the rest of us can barely afford? Or is it to do with supply: we simply don’t have enough houses in the right places to go around?
Even on the left, people disagree about what’s going on. Nick Bano, a barrister and the author of Against Landlords: How to Solve the Housing Crisis, argues it’s because of co-ordination between landlords. On the other side, Novara Live’s Michael Walker believes the problem comes down to a lack of house building.
On this episode - a crossover with Crash Course With Michael Walker - the two of them go head to head about the causes of the crisis.

[@JustinHalliday]

Or both?!?!?!

[@ellengran6814]

I would argue the problem today is the endless access to money for the wealthy due to moneyprinting. Money can be a measure for transfer of goods/services (supply/demand), but it can also be a measure of wealth/power. Today, the rich are able to get access to endless amount of money in exchange for some kind of security like a house or a business. The more wealth they have, the more access to printed money they get....and the more houses/businesses they can buy. The printing of money makes the rich able to buy everything....and devalues the money = making those without property more and more poor.