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Ah yeah, I'm dumb. It's exponential with a non-zero baseline is what I meant. Or accelerating. Or something.
Edit: specifically since 1970 which I arbitrarily selected for maximum outrage
Edit: what I really mean is second derivative of population is positive and second deriv. of total housing stock is negative.
Just to hammer home how mental the UK housing market is, because it infuriates me as a nearly-30yo spending a solid 42% of my income on rent/CT alone. Population:
housebuilding:
It's fucking insane. Population growing exponentially since the 70s but rate of housebuilding has approximately HALVED over the same period. Similarly NHS budget has been going down (after inflation) for the last decade before you even consider the population growth.