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2025-08-29 12:39:13 UTC
in reply to

Estarriol, Terrorist Dragon on Nostr: there are in Britain alone over 1.3million empty houses, neither available for sale ...

there are in Britain alone over 1.3million empty houses, neither available for sale or rent. The large majority are owned by landlords who are deliberately witholding them from market. Because the tax breaks from them empty, against inflated rents, and their ability to raise capital against them as assets more than makes up for any rental loss.

Current high rents are pure capitalism, in that the only market force at play is profit.