The Only Solution to Unaffordable Housing

The reason house prices went up by 350% is mortgage supply grew by 350%. So it's cracked. It's like having an axe wound in your thigh, a massive axe wound where you just got blood and all sorts of flesh all goring out. And our planning laws as just so dumb, and they have created these monopolies. There's no point building more in mongolia because nobody wants to live in out of mongolia. If you want to increase supply, put up rates. People can't afford their mortgages, or they don't want to pay those high rates and mortgages, they'll sell. But the system can't take more than two, two and a half

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