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I like what Mike Lynch (famous leader of one of UKs biggest union) said during his Novara media interview… I’ll paraphrase from memory. “Back in the day, your retirement was secured with your job. You’d get a pension from your employer when you get to retirement age. Then Thatcher and Reagan happen… Now days, there’s no security, benefits or high salaries anymore. So people do whatever they need to do to secure their retirement. And if it’s buying another property, so be it.”
Quick edit: before anyone gets angry. Neither myself or him want this to continue. It’s shit and we should fight to bring back dignity to people’s careers. But until that’s sorted, I think it’s ethical to care for your own and your family’s survival.
40% of that figure is international students, who tend to be wealthy and live in student accommodation which wouldn’t house regular people anyways. They also tend to leave after they finish their studies. So that would leave us closely with the recommended number of building new houses. People should really find another excuse to blame immigrants or bother reading the details of the stats they use. (Also, ONS and other think tanks said that this number is not going to continue going forward.)