So, the real truth is that the rents in London are high enough to demand a certain amount of economic activity per hour and financial stability in every citizen to make the enterprise viable and this requires sufficient monies in the people to support the rents. If the rents go up along with the vacancies, the government may be the only property owner but they would also need tenants to make ownership and the expense of ownership viable. There are people hoping to take on ownership of buildings in the gap but they would need tenants also.

So, the real truth is that the rents in London  are high enough to demand a certain amount of economic activity per hour and financial stability in every citizen to make the enterprise viable and this requires sufficient monies in the people to support the rents. If the rents go up along with the vacancies, the government may be the only property owner but they would also need tenants to make ownership and the expense of ownership viable.  There are people hoping to take on ownership of buildings in the gap but they would need tenants also.