The FT gives some interesting background on housing in Britain, following the formation of a London Renters Union (which seems to be a website for a small bunch of protesters.)
https://londonrentersunion.org/

I'm astonished by the graph on housing completions - in the early 70s, over 400,000 dwellings a year were completed in Britain and about half were local authority. By the early 90s, the local authorities were virtually out of the game and completions fell below 200,000 p.a. . You won't believe what happened next!

Are we doomed to a pale imitation of every British failure?
https://www.ft.com/content/3e00c2b6-c19 ... 197280d3f7

This is obviously in the USA but there are so many similar themes running across 'western' countries for the past 20 years

https://www.bbc.com/news/world-us-canada-46157667



Plenty of millenials with issues renting in any so called wealthy country

Sindo

Perhaps if Mr Scully's company paid a realistic amount of tax, the city/country could afford to spend some money on social housing, which would reduce pressure on the private sector, and thus lead to lower rents.
But the reality is that this type of company is probably much more interested in not paying tax, and the platitudes expressed about employees having a "good experience" are just so much hot air in today's globalised economy.

It's up to the govt tonset tax rates and to actively build more apartments.

At the same time I do think these tech companies could band together and develop large scale projects . However that would still push the price up overall most likely.