Because thus far they have intervened with the opposite effect, to push housing prices upwards.
In London this is through the Green Belt, torturous planning laws, height and density restrictions, low interest rates, government-backed mortgages and lending schemes, etc.
Supply in the markets for food, computers, software, etc. is not nearly so controlled by government action (or inaction).
In London this is through the Green Belt, torturous planning laws, height and density restrictions, low interest rates, government-backed mortgages and lending schemes, etc.
Supply in the markets for food, computers, software, etc. is not nearly so controlled by government action (or inaction).