Housing shortage in a land of plenty

Repurposing the many vacant buildings around the country would go a long way to solving the housing crisis

9th May, 2015

The famous poem by Samuel Taylor Coleridge titled The Rime of The Ancient Mariner has a line in it: Water, water every where, nor any drop to drink. It’s about a sailor surrounded by salt water that he can’t drink, and is a metaphor for being among plenty, but being unable to partake of it.

Our housing market is perhaps best surmised in the same way. We have loads of ‘housing’,...

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