David Stillwell
@david_stillwell
Professor of Computational Social Science at Cambridge University Judge Business School.
UK government loves this kind of policy. On the face of it they're helping young people, but in reality it's sending more money to home owning Boomers.
Give people more money to compete for the few properties available and they'll use that extra money to out-bid one another resulting in the same number of sales just at higher prices.
Spoiler alert: it's the price of housing. ft.com/content/0c628b…
In 2023 NIMBYs ridiculously tried to block a student development that was "near" to a nature reserve. It's just as ridiculous there has been two years more delays due to people complaining about construction potentially inconveniencing elderly people. bbc.co.uk/news/articles/…
This should be the last time any young person takes a lecture from an older person about being loyal and dutiful, unless the older person is 90+ years old and got married in the 1950s.
It looks like new marriages are (shockingly) stronger than in past decades. 🧵
Good news!
📱Exc: Labour slips out announcement on relaxing planning laws to make it easier to erect 5G mobile phone masts inews.co.uk/news/politics/…
Debt interest payments are already costing £100bn/year. That's unsustainable and will increasingly burden current workers and their kids. We have to cut back on something, we can't afford all of the promises that past voters have made to themselves. bbc.co.uk/news/articles/…
"The pandemic saw the biggest sacrifice from one generation for another, since the war. Then we said to children: off you go to navigate the [mental health fallout] on your own." An MP with empathy? IT'LL NEVER CATCH ON! Well done @ChrisMurrayMP. A touching contribution. ~AA
How Britain puts rare snails above human life.
On Thursday night, we heard that government was making big concessions on its planning bill, putting lots more controls on its nature recovery plans. I find this disappointing. And to explain why, I have to tell a story I’ve been holding off from sharing.
I can't think of a single other industry in Europe that bitches and moans 24/7 while sucking up 1/3 of the EU budget, large chunks of national budgets, completely blocking foreign trade and any and all competition, all the while sitting on handsomely appreciating assets: land.
I fucking kneel and pledge allegiance to the 1000-year Von der Leyen Reich.
Britain built its last reservoir in 1992. Since then Poland has built *six* new reservoirs. Britain built its last motorway in 2003. Since then Poland has added over *1,300km* of new motorway. And each year per person, Poland builds *twice* as many new homes as Britain.
By the end of this decade, Poles will be earning more than Britons because their government actually trusts its people to keep what they earn and supports families with real help, not handouts
This. I'm very impatient with the current government. They have diagnosed the problems well, but seem to be quite relaxed about doing the massive changes required to solve them.
A year in and this is the best they’ve come up with to solve a generational crisis….
Chancellor: Finance industry should stop being so negative about investing money in equities. Also the chancellor: If you sell equities here's the legally mandated disclaimer you must show that says that equities are risky and you might get back less than you invested.
