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Housing Crisis

How the British Broke Their Own Economy

The UK faces severe housing and energy shortages due to post-WWII policies that made construction and development extremely difficult. Restrictive regulations, particularly the 1947 Town and Country Planning Act, have led to declining homeownership rates, skyrocketing housing prices, and reduced energy production capabilities. These challenges stem from excessive bureaucratic control and environmental regulations that hinder new developments.

The housing theory of everything - Works in Progress

Housing shortages in Western countries significantly impact multiple societal issues including economic inequality, climate change, and declining fertility rates. Limited housing supply in high-productivity areas prevents efficient labor allocation, reduces innovation potential, and drives up costs far beyond construction expenses. The effects extend beyond affordability to influence health outcomes, family planning, and regional economic disparities.