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Re: Financial watchdog tells the elderly to downsize to tackle housing shortage
People can't downsize because smaller practical properties are not being built and many have been demolished to accommodate fewer but much more profitable housing. Our problem isn't so much people under occupying its successive governments of all colours basing our economy around stupid property prices and being too scared to implement a practical house building programming of any worth. I know a lot of people will be hurt by a rebalancing of property in the UK including most of my family but it's inevitable as the current situation isn't sustainable for much longer.
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