Between 1918 and 1939 the proportion of Britons renting in social housing grew from 1% to 10%
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The postwar British model: private land, nationalized development rights that extract land valuepic.twitter.com/UQ9urAdkzG
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Two astounding charts on British housing production and tenurepic.twitter.com/f0rcPlhuaa
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Also true for the us postwar--but just a coincidence about availability of easy suburban land?pic.twitter.com/YrReYyarRF
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The U.K. used to tax imputed rent!pic.twitter.com/UOX05SN1cV
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The U.K. abolished their version of the mortgage interest tax deductionpic.twitter.com/Ipmdf1dtrH
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In 1979 ***20%*** of the uk's top income decile lived in social housing!
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This seems like an important point: homevoting is more salient in the context of growing precarious in wages, pensions, etcpic.twitter.com/mH0pw2dR8f
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Replying to @DanielKayHertz
The S&P 500 is available to anyone, and is far more liquid.
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but stock ownership is highly concentrated. https://www.washingtonpost.com/posteverything/wp/2017/03/02/perspective-on-the-stock-market-rally-80-of-stock-value-held-by-top-10/ …
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Replying to @kimmaicutler @DanielKayHertz
The same is true for land in the UK.
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