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Thatcher’s Slow-Motion Housing Timebomb

James Meek’s essay “Where will we live?” is a detailed, passionate history of the housing timebomb that is detonating in England today. Thatcher set the time in the 1980s, when she sold off public housing to tenants and forbade local governments from building more with the proceeds, and subsequent governments have done everything they can to fuel and intensify housing speculation and bubbles.

via Thatcher’s slow-motion housing timebomb – Boing Boing.

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