
Why a country can be rich on paper, but feel poor in reality
The David McWilliams Podcast
00:00
How to Solve Economic Indigestion
Property prices have gone up 130% since 2013, right? Yeah. There is no supply. At one point last year, according to DAFT, there were just 2,500 houses available to rent in the whole country. We've had a massive 7.6% increase in population since 2016. So people are coming in, we're having babies, but we've no infrastructure because the supply hasn't responded.
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