🏠 Why Rationing Toasters Explains Why Housing Is So Expensive @iealondon
🏠 Why Rationing Toasters Explains Why Housing Is So Expensive  @iealondon
Uploaded July 2026 | Updated September 2026, 2 weeks ago
🏠 "If you have a rationing system for toasters and you cap the production of toasters, you turn them into a luxury good."

Kristian Niemietz uses the toaster analogy to explain how Britain's housing shortage has created an affordability crisis despite the rhetoric of "social housing."
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Institute of Economic Affairs |

🏠 Why Rationing Toasters Explains Why Housing Is So Expensive

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