I notice many societal challenges the common thinking is automatically to assume they are insurmountable, and to dread how they will lead to a lower standard of living. For example affordable housing/lack of available housing.
A guestimate from me is Britain needs 2 million more housing units across the country over the next decade to meet current housing shortage and the housing needs of the 2.5 million net population growth expected. At least 1 million of these houses in Greater London. If half of these were my favorite, 15-20 story condo buildings with 150 units in each building, so 500,000 units in London, that would require 3,300 of these buildings to be built in Greater London. I believe in building these condo towers right clustered on major public transportation links.
An additional 500,000 housing units could be built in new suburbs expanding into the green belt. Since Greater London already has around 4 million housing units, this isn't that bad of an expansion.
Anyway the point is the number of jobs this would create in constructing these 1 million housing units in London. From architects, to engineers, to building supply firms, to transport companies, to construction trades, to infrastructure related expansion work. Its sad but in economics that growth is what gets the money flowing. With all those guys employed in good jobs, they in turn would go out and spend the money. For a nation with millions of unemployed and a housing shortage it seems a no-brainer.
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