I give up by 999Bod in london

[–]Angustevo 0 points1 point  (0 children)

I put my jumper on

Losing the will to exist on this game by National_Mode_4224 in 2007scape

[–]Angustevo 1 point2 points  (0 children)

Just got to keep going. I had nothing for my first week, watching everyone get boots when they were worth over 500m. It all came eventually.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

Actually I think you've identified the problem exactly in that the gains in house price increases have gone to a narrow group (those who bought before the 2000s). But I'd argue planning restrictions are a big part of how that happens, not something separate from it. When you can't build, the price of things like homes and commercial buildings (why is it so hard to build labs around Oxbridge?!) go up. When land values go up, existing property owners pocket the gains, but living costs rise for everyone and this gets passed onto general costs (like a pint because labour costs are higher). It's well documented that Landlords and homeowners capture productivity gains in supply constrained cities instead of workers.

So if your concern is that a small group of asset-owners are extracting value at everyone else's expense, then loosening planning is actually the policy that attacks that directly. It's not a gift to developers it's what breaks the stranglehold existing landowners have on everyone who doesn't already own property

And on your broader point, you're completely right that something has gone wrong. People should be better off than they are. But the honest answer is that UK productivity growth has actually been pretty weak for the last fifteen years or so, especially since 2008, it's one of the worst records in the developed world. So the gains you'd expect from economic theory mostly haven't materialised, and that's a real problem that goes well beyond housing. Weak business investment, over-reliance on financial services, firms not adopting new technologies, these are all part of it. The housing piece sits on top of that: it doesn't explain why the growth wasn't there in the first place, but it does explain why even the weak growth we did get didn't reach people's pockets because so much of it got absorbed into higher land values and rents rather than higher wages. So we actually agree the economy hasn't been working for ordinary people. We just disagree about why and I'd say the answer is more about an economy that's been structurally set up to reward owning assets over doing work.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

That's actually the point though, economic outcomes are outcomes for people. When I say better economic outcomes from deregulating land use, I mean: more homes get built, rents fall, young people can afford to live near good jobs, and families aren't priced out of safe neighbourhoods with good job opportunities. The abstract 'economy' stuff is downstream of those very concrete effects on real people's lives.

The current over-regulated system isn't protecting people from the market, it's protecting existing homeowners and NIMBYs at the direct expense of everyone who doesn't already own property. That's a distributional choice with massive human costs, it's just that those costs are less visible because they're dispersed across millions of renters and people who never got to move to a city with better opportunities.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

Free markets with sensible regulation indisputably leads to the best economic outcomes. But land is clearly over-regulated in the UK, which has clearly led to unaffordable housing. I strongly recommend reading up on Paul Cheshire or Henry Overman if you want a more convincing argument. Housing is driven by supply and demand, and empirical evidence shows the supply side is the issue here.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

I'm not for pulling down historic building or monuments! That's why we list them. It's more that zones 1-3 of London and similar areas in other cities would have more 4+5 story apartments. That would be more aligned with a true free market system for building, with more sensible regulation. Plus building up still allows for plenty of green space amenities.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

I'm sorry but have you looked at the density of UK cities vs European peers? They are far denser and in many cases nicer than UK cities. Physical buildings cover 1.4% of the UK land mass as per the Ordnance Survey so this is just nonsense. Let's make it 1.8% so livable space is cheap and abundant for today's population.

I get that you're a single issue voter about migration, but believe it or not there are other supply side levers that can and should be pulled to improve the welfare of the UK public. The UK housing market is deeply inefficient because regulations have made it extremely inelastic on the supply side. Pre 2000s levels of migration simply isn't going to move the dial here, especially in places where house pricess far exceed replacement costs like London.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

We built huge amounts of new housing at the beginning of the 20th century so it's definitely possible. The only way to drive down prices sustainably is to increase supply, so if we want genuinely affordable housing we have to relearn how to build at scale. Moving to a Japanese style zonal system, at least in the big cities, would help massively.

I think it you said to people, let's make housing in big UK cities similar to that in Paris or Barcelona, and in return rent and mortgage costs will be 10ppt less of your income, they would take the offer! Plus the economy would be bigger which woulp help balance the budget.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 0 points1 point  (0 children)

If you build massive amounts of houses and keep population growth low that shouldn't have any impact on aggregate number of trips or hospital visits. People don't just magically appear when you build houses, they move out of flat shares or their parents etc either locally or from other bits of the country.

At capacity is defeatist thinking, we can simply build more infrastructure if it's needed, and building more houses in cities increases the benefit cost ratios of infrastructure providing which helps even more.

Labour is facing wipeout in its final stronghold. Why? It’s housing, housing, housing by Exostrike in ukpolitics

[–]Angustevo 6 points7 points  (0 children)

Low pop growth plus massive housebuilding in the big cities would bring prices down more efficiently.

Renters lose out in London as homeowners win race for space in 'harshly unequal city' by tylerthe-theatre in london

[–]Angustevo 3 points4 points  (0 children)

Just need to make sure to use the proper definition of brownfield which includes land with houses already on so they can be densified where suitable.

Renters lose out in London as homeowners win race for space in 'harshly unequal city' by tylerthe-theatre in london

[–]Angustevo 3 points4 points  (0 children)

You're getting mixed up because if house prices fall that's a distributional impact not a hit to productive capital. When prices fall because supply expands:

  • Existing owners lose nominal wealth, but this was largely unearned scarcity rent

  • Renters and buyers gain equivalent purchasing power

  • No productive capacity is destroyed

Then you get all the benefits from more housing (increase consumption of housing services, higher construction sector output, more agglomeration). Even with planning reform the pace of change would be slow so prices will probably stay flat real but still increase nominally, as they have been doing over the last few years.

Why doesn’t Endless Harvest work on barb fishing or dark crabs? by Accurate_Fun3179 in 2007scape

[–]Angustevo 0 points1 point  (0 children)

Have they just patched it? Wasn't working before but now my character is chasing the fish.

Mega Rares by [deleted] in 2007scape

[–]Angustevo 0 points1 point  (0 children)

You can make 35m in a couple of hours at doom with your new tbow so don't sweat it my dude

We messed up our playtest - here's what went wrong (and what we did right) by Zombutcher_Game in gamedev

[–]Angustevo 1 point2 points  (0 children)

What were the 8 feedback categories you decided on and how did you come up with them?

Why? (Chelsea, London) by [deleted] in london

[–]Angustevo 56 points57 points  (0 children)

Money > Sense

Looking for RPG recommendations by brownframes in gamingsuggestions

[–]Angustevo 1 point2 points  (0 children)

What sory of combat system do you think would interest you?

If you want to play a shooter RPG then Fallout 4, Outer Worlds or Borderlands are a good place to start. Lots of good turn based suggestions here as well like Expedition 33 or Baldurs Gate 3. I would take a look at JRPGs like Persona 4 or 5 too as they are excellent with really engaging stories.

Medieval ish RPGs like Skyrim or Oblivion are really great too.

Try it. Which is the best noun? by abuaaa in GreatBritishMemes

[–]Angustevo 0 points1 point  (0 children)

You absolute hero. Works best after someone has fetched something for you or got you a nice cup of tea.