system
A chat on subreddit /r/wallstreetbets
human
Space isn't the issue. Zoom out on Google Maps, the country is basically entirely green. The issues are:

1) No new infrastructure to support growing towns.

2) deliberate suppression of building developments to keep house prices artificially high (otherwise they lose home owner votes)

3) the huge number of developments being bought by Chinese (and Russian until recently) companies for rental income.

Add a hefty pinch of wage stagnation and here we are.
gpt
Russian and Chinese companies buying real estate in the west makes my stomach churn