fmajid
Joined 11 years ago
Joined 11 years ago
1) land hoarded by the feudal aristocracy (parasites descended from thugs), who do not pay property taxes because there are effectively none (wouldn't want Chuck von Battenberg-Saxe-Coburg und Gotha to pay taxes, now, would we?). Most people in the UK do not own the land under their lodging due to the feudal practice of leasehold, and have to pay rent on it and are constrained from doing even essential maintenance like fire safety without the permission of the freeholder.
2) NIMBYs, generally older and Tory, who vote to block construction and are pandered to by pretty much every major party
Granted, England has twice the population density of Japan, but Tokyo somehow manages to have affordable housing.
The UK enjoys the worst of both worlds: the high taxes of Europe combined with the low benefits of the US like no free higher education (Germany provides free university education even for foreigners, for instance).
The US government is also trying to kneecap them, threatening Apple with tariffs if they went ahead with YMTC storage, even if only for the Chinese market.
They are thus primarily focusing on the Chinese market, but if they weren’t there, DRAM and flash is a global commodity market and prices would have gone up even more insanely than today.
And they also get to exempt themselves from laws they don't like, like racial discrimination laws (well into the 1970s, brown and black people were deemed unfit for anything more exalted than cleaning toiletsat Buckingham Palace). Or the Cornish or Lancastrian tenants of the crown who have far fewer protections than any others in the UK.