Returning by right development to the UK is very possibly the single largest policy measure that might enable a way forward, not because it's so intimately tied to the financialization of the economy, but because it's such an enormous capital concentration that its limitations overshadow a lot of other issues.
It may be hard to see it from where we're standing, but the current housing situation is one extreme of a catastrophic ongoing crisis.
And of course, it made it all worse. Now you HAVE to work in London if you want a high salary.
The only real way to fix the housing is to promote remote work and decentralized companies.
The private sector never built any of it. NIMBYs didnt stop this construction. Ideologues whinging about the % of GDP spent by the public sector did.
NIMBYs are just a side effect of the world neoliberals created.
You also can’t act against monopolies when China happily won’t act against their own state owned monopolies, which are in an arm’s race trying to surpass us. Falling behind to China is a great way to cause a tech investment collapse.