I really hope this turns out to be true. Russia doesn’t just have a black-market petrol problem, it also has a counterfeit petrol problem - stuff that looks like petrol, maybe even smells a bit like … (View Post)

There’s been a fair amount of bombing on both sides of the conflict in the last 48 hours. The difference being that one side appears to be pretty accurate with their ordnance, heading downrange towar… (View Post)

Every solution involves a combination of building millions more houses or reducing the number of households substantially. We all know that rent controls don’t work for a whole number of reasons, alt… (View Post)

Yes, there’s many houses to be built before we start to see meaningful effects on price, because there’s huge pent-up demand in the market that wants to buy but can’t. In the case of involuntary shar… (View Post)

The problem with the housing market, as @BartholomewRoberts will agree, is far too much regulation. The planning system and building regulations work together to restrict the amount of housing, which… (View Post)