asterisk2a + housing 304
(185) Property investors stand to lose millions in collapse of apartment developer Ralan Group | 7.30 - YouTube
5 days ago by asterisk2a
very basic fraud case, simplest one:
used cash flow to fund new projects, not debt.
misappropriation.
once selling of units and future units went dry. and the company could not raise the money to underwrite their current projects. they went bust.
fraud
housing
bubble
used cash flow to fund new projects, not debt.
misappropriation.
once selling of units and future units went dry. and the company could not raise the money to underwrite their current projects. they went bust.
5 days ago by asterisk2a
UK housing crisis deepens as benefit claimants priced out by high rents | Society | The Guardian
july 2019 by asterisk2a
LHA is relied upon by 1.2m households to rent private accommodation but it has been frozen since 2016 and will continue to be frozen until at least 2020 as part of welfare cuts.
Council bosses have said that with private rents continuing to rise, sharp falls in affordability over the last three years are causing homelessness and child neglect as families cut back on essentials including food to make up rent shortfalls.
LHA
welfare
state
poverty
tax
rent
Council
Austerity
DWP
segregation
Disabled
slum
trap
public
health
inequality
homelessness
homeless
social
housing
NHS
mental
prevention
Council bosses have said that with private rents continuing to rise, sharp falls in affordability over the last three years are causing homelessness and child neglect as families cut back on essentials including food to make up rent shortfalls.
july 2019 by asterisk2a
(865) Universal credit's housing sanctions - you'll wish you didn't know - don't have nightmares ! - YouTube
may 2019 by asterisk2a
minimum wage = cant afford rent
ask for housing benefit through universal credit
will be asked to work more hours and get higher pay, to get out of universal credit
if you do not, get sanctioned, thus you work, can't get find better work or more hours (35hrs +), can't pay rent ...
... so much for burning injustice
Universal
Credit
DWP
sanctions
welfare
state
UK
working
poor
poverty
trap
housing
benefit
support
minimum
wage
nasty
party
Austerity
neoliberalism
CON-servatives
Conservative
Theresa
May
tax
child
taxcredit
homeless
Homelessness
Council
ask for housing benefit through universal credit
will be asked to work more hours and get higher pay, to get out of universal credit
if you do not, get sanctioned, thus you work, can't get find better work or more hours (35hrs +), can't pay rent ...
... so much for burning injustice
may 2019 by asterisk2a
Growing complaints about new-build houses - BBC News
april 2019 by asterisk2a
skimping on quality and build materials - half or no insulation
UK
housing
crisis
oligopoly
oversight
boom
self-regulation
regulators
Regulation
consumer
protection
april 2019 by asterisk2a
Benefits spending: Five charts on the UK's £100bn bill - BBC News
march 2019 by asterisk2a
Much of the £100bn per year we spend on working-age benefits is there to tackle deep problems created by low pay, high housing costs and ill health.
DWP
welfare
state
ESA
Disabled
housing
crisis
poverty
working
poor
Austerity
Universal
Credit
stigma
prejudice
march 2019 by asterisk2a
Ministers urged to halt right-to-buy scheme | Society | The Guardian
january 2019 by asterisk2a
More than 40% of former council homes now rented out by private landlords [...] In Ealing, the council has spent £107m buying back 516 former council properties that it had originally sold for £16m. Peter Mason, Ealing’s cabinet member for housing, said the report highlighted “exactly some of the more unforgivable impacts of Thatcher’s right-to-buy scheme, which she launched with great fanfare in Northolt [a town in the borough of Ealing]”.
UK
housing
crisis
Thatcher
social
affordable
Council
Privatisation
Rentier
capitalism
profit
maximisation
january 2019 by asterisk2a
England 'needs millions of homes to solve housing crisis' - BBC News
january 2019 by asterisk2a
Shelter's report claims 1.3 million homes are needed to house those in greatest need - including homeless people and those living with a disability.
UK
housing
crisis
social
affordable
Disabled
access
accessible
inequality
discrimination
january 2019 by asterisk2a
(920) Obdachlos in Bayern - Konkurrenz auf der Straße | DokThema | Doku - YouTube
december 2018 by asterisk2a
Verdraengungswettbewerb in der Stadt
poverty
working
poor
inequality
Arbeitsmarkt
Leiharbeit
gig
economy
mini-Job
Niedriglohnsektor
Germany
Mindestlohn
Aufstocker
minimum
wage
social
housing
affordable
disposable
income
stagflation
UK
homeless
homelessness
december 2018 by asterisk2a
New homes 'crumbling due to weak mortar' - BBC News
december 2018 by asterisk2a
Hundreds of new properties have been built using weak mortar that does not meet recommended industry standards, the Victoria Derbyshire show has found.
--- oligopoly of housebuilders, last months have been a flurry of "pfutch" news by house builders.
housing
crisis
UK
--- oligopoly of housebuilders, last months have been a flurry of "pfutch" news by house builders.
december 2018 by asterisk2a
Universal credit: Rent arrears double for benefit claimants - BBC News
november 2018 by asterisk2a
To mirror being paid a salary, it is paid once a month - in arrears.
Universal
Credit
DWP
Housing
Benefit
welfare
state
november 2018 by asterisk2a
Universal Credit agents 'encouraged' to get claimants off phone - YouTube
november 2018 by asterisk2a
constant changes.
working families on UC, using food banks to make it till next month.
Universal
Credit
DWP
Tories
nasty
party
CON-servative
Conservatives
sanctions
ESA
Disabled
JSA
Food
bank
foodbank
housing
benefit
Privatisation
working
poor
poverty
UK
Austerity
working families on UC, using food banks to make it till next month.
november 2018 by asterisk2a
Legal Aid Agency taken to court for refusing to help rough sleepers | Society | The Guardian
october 2018 by asterisk2a
https://www.theguardian.com/society/2018/may/20/homeless-people-fined-imprisoned-pspo-england-wales
"any litigation could be financed by crowdfunding instead"
Austerity
UK
Council
homeless
homelessness
cruelty
housing
crisis
justice
injustice
Legal
Aid
poor
class
"any litigation could be financed by crowdfunding instead"
october 2018 by asterisk2a
Most buy-to-let lenders refuse loans when tenants are on benefits | Money | The Guardian
october 2018 by asterisk2a
Research carried out by the RLA’s mortgage consultants found that two-thirds of lenders representing 90% of the buy-to-let market did not allow properties to be rented out to those in receipt of housing benefit. About 4.2 million people in the UK claim housing benefit.
UK
injustice
discrimination
poor
affordable
housing
social
benefit
profit
maximisation
Buy-To-Let
Council
working
precarious
Generation
Rent
october 2018 by asterisk2a
How is the size of your home affecting your happiness and health? | Society | The Guardian
september 2018 by asterisk2a
England has the smallest homes by floor space area of any EU country. // developers rake in the profits - https://www.theguardian.com/business/2018/sep/03/berkeley-calls-affordable-housing-targets-unviable-as-chairman-earns-174m
UK
housing
crisis
Privatisation
Austerity
profit
maximisation
social
affordable
september 2018 by asterisk2a
No-fault evictions making hundreds of families homeless each week | UK news | The Guardian
august 2018 by asterisk2a
In Germany, the landlord has to pay the tenant to leave, if no other circumstances/cause of eviction exist.
UK
profit
maximisation
housing
crisis
Generation
Rent
rentier
homeless
homelessness
nasty
party
Tories
Conservative
Theresa
May
JAM
august 2018 by asterisk2a
(10620) BBC Question Time: the complete discussion on Universal Credit - YouTube
july 2018 by asterisk2a
2017
"It is insane."
VERY VISIBLE AUDIBLE: Not addressing the question.
Insecure housing.
DWP
JSA
Universal
Credit
Austerity
nasty
party
Conservative
Tories
poverty
trap
downward
mobility
Council
housing
benefit
social
affordable
crisis
homelessness
"It is insane."
VERY VISIBLE AUDIBLE: Not addressing the question.
Insecure housing.
july 2018 by asterisk2a
(10204) Are We Destined for a Slow Growth Future? - YouTube
july 2018 by asterisk2a
- shortage on the demand side. but demand can't be more leveraged and borrowed. ALL economic indicators point against a thriving of the UK bottom up (from household finances, are stretched thinly) //&! Gross wages lower than 10 years ago! Lost decade of earnings. In real terms people are NOT better off.
https://www.youtube.com/watch?v=0anqgXLvwko
secular
stagnation
Brexit
household
debt
consumer
UK
USA
loan
GFC
recovery
Productivity
output
gap
economic
history
leverage
underinvestment
banking
property
bubble
housing
demographic
immigration
working
poor
poverty
Austerity
Trickle-down
Gesellschaft
DonaldTrump
Donald
Trump
inequality
social
mobility
income
Society
inflation
deflation
deflationary
debtoverhang
debt-servicing
OECD
IMF
ZIRP
NIRP
QE
BOE
Fed
globalisation
globalization
trap
credit
card
creditcard
creditcrunch
student
auto
https://www.youtube.com/watch?v=0anqgXLvwko
july 2018 by asterisk2a
Long tenancies won’t stop landlords wanting a CV, 12 months’ rent – or a date | Penny Anderson | Opinion | The Guardian
UK Generation Rent Generationengerechtigkeit housing crisis Landlord Exploitation affordable social Council Austerity Tories nasty party Conservative JAM Theresa May
july 2018 by asterisk2a
UK Generation Rent Generationengerechtigkeit housing crisis Landlord Exploitation affordable social Council Austerity Tories nasty party Conservative JAM Theresa May
july 2018 by asterisk2a
Council cuts are putting the vulnerable at risk, Tory peer says | Society | The Guardian
july 2018 by asterisk2a
WE ARE ALL IN THIS TOGETHER. - “We’ve reached a point where councils will no longer be able to support our residents as they expect, including our most vulnerable,” Porter added. As well as problems coping with demand for services for elderly and disabled adults, the LGA says councils are struggling with an explosion in the number of children in care, and a rising bill for 80,000 homeless families placed in temporary housing.
An LGA briefing on the prospects for local government states: “The failure to properly fund these services puts the wellbeing of some of the most vulnerable residents at risk, and this cannot go on.”
UK
Austerity
Council
Tories
nasty
party
Conservative
JAM
Theresa
May
David
Cameron
adult
social
elderly
care
homelessness
childprotection
poverty
childhood
housing
crisis
affordable
An LGA briefing on the prospects for local government states: “The failure to properly fund these services puts the wellbeing of some of the most vulnerable residents at risk, and this cannot go on.”
july 2018 by asterisk2a
Landlords react with fury to three-year tenancy plans | Money | The Guardian
july 2018 by asterisk2a
Government says minimum-term proposal offers renters more security, but landlords claim most don’t want it
Generation
Rent
UK
Landlord
affordable
housing
social
crisis
july 2018 by asterisk2a
Britain needs an investment revolution. Labour will provide it | John McDonnell | Opinion | The Guardian
june 2018 by asterisk2a
no kidding, lefty politicians point out that London sucked non-London UK dry
UK
productivity
underinvestment
speculation
London
infrastructure
GFC
banking
mortgage
housing
bubble
property
Labour
Jeremy
Corbyn
BOE
John
McDonnell
education
policy
skill
gap
no
Representation
Brexit
structural
unemployment
underemployed
poverty
trap
Austerity
Privatisation
Tories
Conservative
Party
energy
industrial
june 2018 by asterisk2a
UK state should pay for housing, food, transport and internet, says report | Business | The Guardian
february 2018 by asterisk2a
UK state should pay for housing, food, transport and internet, says report
‘Universal basic services’ costing about £42bn could be funded through higher taxes, say Jonathan Portes and academics //&! http://www.bbc.co.uk/news/business-43078920 - Report proposes £10,000 for everyone under 55 - Most state benefits would be cut under the scheme. The RSA said the dividends would help steer people through the challenges of the 2020s. [...] "Without a real change in our thinking, neither tweaks to the welfare state nor getting people into work alone, when the link between hard work and fair pay has broken, will help working people meet the challenges ahead." [[...] space for skill acquisition, what UK system currently rules out completely ]]!!
UBI
Universal
Basic
Infrastructure
Income
commuter
urban
development
urbanisation
commuting
Socialism
Labour
Policy
SPD
air
pollution
chronic
stress
economic
history
UK
USA
Council
housing
discretionary
spending
disposable
growth
wage
Mark
Blyth
secular
stagnation
Precariat
working
poor
poverty
trap
GFC
recovery
skill
acquisition
social
mobility
education
ganularer
Lebenslauf
University
College
MOOC
meritocracy
Zufall
‘Universal basic services’ costing about £42bn could be funded through higher taxes, say Jonathan Portes and academics //&! http://www.bbc.co.uk/news/business-43078920 - Report proposes £10,000 for everyone under 55 - Most state benefits would be cut under the scheme. The RSA said the dividends would help steer people through the challenges of the 2020s. [...] "Without a real change in our thinking, neither tweaks to the welfare state nor getting people into work alone, when the link between hard work and fair pay has broken, will help working people meet the challenges ahead." [[...] space for skill acquisition, what UK system currently rules out completely ]]!!
february 2018 by asterisk2a
Is the property ladder just a myth? | Money | The Guardian
january 2018 by asterisk2a
a national ill-guided unfortune (for all in aggregate) bringing obsession. its a bubble. its heavily subsidizes. its political. it suck resources out of the "productive" economy. its a monopoly oligopoly duopoly vested interest industry. no consumer rights. and what is build is sub par compared to europe. UK is known for its bad quality house among EU expats. // The theory is that a couple owning a starter home and considering children could afford to move into a bigger property – but with household income falling, that idea is increasingly unrealistic
UK
housing
crisis
productivity
underinvestment
malvestment
bubble
economic
history
Politics
social
income
mobility
lottery
gini
Coefficient
postcode
parents
january 2018 by asterisk2a
The new homes 'uninhabitable' after less than a year - BBC News
december 2017 by asterisk2a
what you got - no rights with a basic duopoly!
UK
housing
crisis
consumer
rights
december 2017 by asterisk2a
What could Vienna’s low-cost housing policy teach the UK? | Society | The Guardian
december 2017 by asterisk2a
Rent controls mean public sector workers and those on lower pay can afford to live and work in the Austrian capital // anti rentier // universal basic infrastructure
UK
housing
policy
crisis
rent
controls
social
affordable
Council
rentier
december 2017 by asterisk2a
Landlady left with £9,500 rent arrears by tenant on universal credit | Money | The Guardian
november 2017 by asterisk2a
Property owner says she will not rent to recipients again – as fears rise more will follow suit
Universal
Credit
social
council
housing
JSA
ESA
DWP
Austerity
benefit
november 2017 by asterisk2a
(3952) The American dream is turned into poverty. Documentary 2017 - YouTube
october 2017 by asterisk2a
usa section 8 housing voucher scandals. white middle class trying to protect their turf, neighbourhood. block nearby developments (affordable n social housing). blocking mixed neighbourhoods. see also uk. and then there is also corruption.
USA
post-racial
America
American
Dream
segregation
public
housing
social
inequality
poverty
trap
Precariat
blacklivesmatter
suburban
urban
Development
discrimination
ethnic
cleansing
health
october 2017 by asterisk2a
Homes are not assets to be passed on to children, says minister | Society | The Guardian
october 2017 by asterisk2a
houses became a mini-social welfare net among families. and a helping hand in social/income mobility for those benefiting/children and children children. // also current gen funding elderly care have less wage, less money (inflation), less prospects, no mobility, student debt, and high rents.
Erbschaftsteuer
dementiatax
dementia
taxation
property
bubble
UK
housing
crisis
rentier
economy
Alzheimer
demographic
ageing
premature
social
care
adult
elderly
Council
bedblocking
bed
blocking
chronic
sick
population
sickcare
demand
healthcare
health
NHS
Austerity
asset
inheritancetax
inheritance
Generationengerechtigkeit
Generation
Rent
october 2017 by asterisk2a
Young face growing mortgage debt burden - BBC News
october 2017 by asterisk2a
young ppl taking out 30 year+ loans = lower monthly payments,
UK
housing
crisis
bubble
mortgage
market
disposable
income
discretionary
spending
debt
creditcard
credit
card
Consumer
economy
Brexit
secular
stagnation
stagflation
growth
wage
Consumerism
affordable
social
Council
Austerity
Cartel
profit
maximisation
Duopoly
underinvestment
anti-trust
economic
history
Margaret
Thatcher
october 2017 by asterisk2a
The UK housing market's perfect storm, and five steps to avoid it | Larry Elliott | Business | The Guardian
october 2017 by asterisk2a
help to buy = gov lender of last resort for home buying.
UK
housing
crisis
Help
to
Buy
cartel
duopoly
monopsony
Council
Austerity
social
Generation
Rent
affordable
Generationengerechtigkeit
asset
bubble
mortgage
ZIRP
NIRP
BOE
QE
economic
history
october 2017 by asterisk2a
FactCheck: Theresa May’s claim about housing doesn’t give the full picture – Channel 4 News
october 2017 by asterisk2a
There have been six full financial years since the Tories took office in 2010. In four of those years, the number of new houses being built was lower than it was at any time under Labour.
UK
social
housing
Council
affordable
Crisis
Austerity
cartel
duopoly
Generation
Rent
Generationengerechtigkeit
disposable
income
discretionary
spending
debt
bubble
growth
secular
stagnation
immigration
homeownership
october 2017 by asterisk2a
'I'm dumbfounded!' … Neave Brown on bagging a RIBA award for the building that killed his career | Art and design | The Guardian
october 2017 by asterisk2a
Brown is humbled that his buildings are being looked at afresh, but he fizzes with anger at the current state of UK housing. “Neoliberalism has stripped out the social ideology from our country and led to a ruinous economy with ruinous housing,” he says fiercely. “I’m an old, old man, so my answer is probably not the right one, but I think we need a new national agency to govern standards and fund the construction of housing for properly mixed communities – crucially with maintenance costs financed for the whole life of the building.”
social
housing
Council
affordable
segregation
UK
crisis
Austerity
duopoly
cartel
profit
maximisation
october 2017 by asterisk2a
Grenfell Tower: Safety cash not released, councils say - BBC News
october 2017 by asterisk2a
+ putting each refurb into the long-grass by asking for more detailed documentation of the proposal. in case its over the top, the sprinkler you want to install.
Grenfell
Tower
GrenfellTower
Tories
Conservative
Party
nasty
CPC17
Austerity
UK
poverty
trap
housing
crisis
october 2017 by asterisk2a
Millennials spend three times more of income on housing than grandparents | Society | The Guardian
september 2017 by asterisk2a
Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a “housing catastrophe”. [....] They are four times as likely to rent privately than two generations ago, a sector which has the worst record for housing quality, the report claims.
Millennials
UK
housing
crisis
affordable
social
Generation
Rent
Generationengerechtigkeit
babyboomers
baby
boomers
disposable
discretionary
income
Spending
Generationy
GenY
oligopol
oligopoly
Corruption
lobby
vested
interest
bubble
underinvestment
Austerity
debt
revolving
door
asset
distortion
London
Productivity
output
gap
skills
student
loan
GFC
mortgage
risk
recovery
secular
stagnation
lost
lostdecade
decade
history
Margaret
Thatcher
september 2017 by asterisk2a
Millennials wish they had grown up in baby boomers' times – survey | Money | The Guardian
september 2017 by asterisk2a
Resolution Foundation study reveals growing concern about debt, job security, home ownership and retirement finances [...] “I feel sorry for millennials. They live in this low-wage economy now,” said one baby boomer. “I’m not sure how they’re going to afford anything. It’s dreadful.”
Babyboomers
Mark
Blyth
MarkBlyth
Millennials
Generationengerechtigkeit
poverty
trap
neoliberal
neoliberalism
Capitalism
Exploitation
affordable
housing
Generation
Rent
seeking
Rentier
UK
student
debt
job
security
Standard
of
Living
september 2017 by asterisk2a
(100) Trust, Fairness & Responsibility | Rt Hon David Lammy MP | RSA Replay - YouTube
september 2017 by asterisk2a
the analysis evidenced that black men and women are sentenced more harshly than white men and women for committing the same type of crime.
UK
BAME
Justice
System
poverty
trap
discrimination
Police
stigma
prejudice
Austerity
community
Grenfell
Drugs
organised
crime
Social
Services
Council
housing
affordable
crisis
post-racial
America
USA
education
policy
injustice
Jim
Crow
neoliberal
neoliberalism
mental
health
Stop&Search
Privatisation
re-offending
recidivism
David
Lammy
class
war
classwar
working
september 2017 by asterisk2a
Is Britain's housing bubble turning Japanese? - Renegade Inc
august 2017 by asterisk2a
Britain is in the grip of a housing crisis. But contrary to some Daily Mail speculators, the bricks and mortar economy is not going the way of Japan, circa 1990. Economist Neil Wilson explains why the same economic and political forces suppressing Japanese property prices will keep British prices artificially inflated for the foreseeable future. [...] The British building industry has heavily consolidated over the past twenty years, creating an Oligopoly [...] Britain is in the grip of a housing crisis. Yet successive governments have allowed this land speculation to flourish. Industry press releases deflect the blame to local council “red tape”, while sitting on thousands of hectares lying undeveloped “until market conditions improve”.
UK
free
market
Brexit
Housing
Crisis
Oligopol
affordable
social
Council
Austerity
Lobby
Competition
self-regulation
Regulation
regulators
august 2017 by asterisk2a
Lack of mental health support leaving children stuck in hospital – thinktank | Society | The Guardian
july 2017 by asterisk2a
Children with serious mental health problems are becoming trapped in NHS psychiatric units, unable to leave because care is unavailable outside hospitals, a thinktank has said. [...] CAMHS units are have been affected by serious staff shortages. One in nine units is failing to provide staff-to-patient ratios regarded as the minimum acceptable, 24% are struggling to employ enough staff and 19% of the outlay on CAMHS pay goes to temporary bank and agency staff.
UK
NHS
mental
health
Austerity
Council
adult
social
care
Deprivation
rationing
homeless
homelessness
housing
crisis
CAMHS
staff
shortage
locum
july 2017 by asterisk2a
Plans to ban leaseholds on new-build homes in England - BBC News
july 2017 by asterisk2a
Traditionally houses have nearly always been sold as freehold properties, meaning the buyer owns the building and land it is built on outright. [leasholde enables to 1 artificially lower price w the intention to jack up later bc leasehold enables you to do that. ludicrous to think to actually buy house but not own the land it sits on. this leasehold practice is not even the tip of the iceberg of the housing crisis and bubble territory. the tip of the iceberg has to be regulation and consumer rights/protections. shoddy builds for outrageous amounts of money. anybody remember Grenfell tower? ] MPs have described the situation as a "national scandal" and the "PPI of the housebuilding industry".
UK
Housing
Crisis
PPI
profit
maximisation
malicious
loophole
exploitation
affordable
Generation
Rent
leasehold
freehold
self-regulation
regulation
tax
evasion
avoidance
land
price
Bubble
speculative
speculation
regulators
july 2017 by asterisk2a
Homebuyers desperate to know who really owns their freehold | Money | The Guardian
july 2017 by asterisk2a
[ wild wild west ] A pass-the-parcel nightmare sees freeholds sold by major housebuilders to obscure companies which demand huge sums [... eg ] a fee charged without any material services provided [...] All the leaseholders who contacted Guardian Money are united in their frustration at finding out who is really behind the money extracted from them once their freehold is sold on.
Leasehold
freehold
land
value
tax
Housing
Crisis
Generation
Rent
Generationengerechtigkeit
disposable
income
discretionary
spending
exploitation
self-regulation
profit
maximisation
neoliberal
neoliberalism
Capitalism
evasion
avoidance
UK
regulation
regulators
Legal
Aid
LegalAid
underinvestment
Austerity
Eigentum
ownership
offshore
HMRC
corruption
july 2017 by asterisk2a
Where have all the movers gone? - Council of Mortgage Lenders
july 2017 by asterisk2a
It should be known by now that the policy of a home owning democracy supported by London and exploited by London was and is and will be a catastrophe to the productivity and skills of this economy. Because of the misdirected money flows into unproductive houses (capital, asset for retirement, welfare, social mobility of kids). To the contrary of Germany. When policy of capital investment is geared towards poductive investments, assets, capital, skills, expansion, R&D. And where renters have rights! //&! https://twitter.com/resi_analyst/status/880801297208889344 - The housing ladder only worked because of the unique economic conditions of the late 20th century. It's now broken and unlikely to recover. & https://twitter.com/tomhousing/status/881775765033025536 - and houses don't pay taxes (NI, pension pot).
Housing
Crisis
Generationengerechtigkeit
Generation
Rent
mortgage
ZIRP
QE
NIRP
UK
Lobby
Lobbying
Policy
speculation
ROI
underinvestment
malinvestment
productivity
output
gap
skills
economic
history
Brexit
London
shareholder
profit
maximisation
july 2017 by asterisk2a
Four ministers were warned about tower block fire risks - BBC News
june 2017 by asterisk2a
Four separate government ministers were warned that fire regulations were not keeping people safe, in letters that have subsequently been seen by the BBC.
In the leaked letters, experts warn that those living in tower blocks like Grenfell Tower were "at risk".
GrenfellTower
GrenfellTowerFire
Rentier
social
housing
affordable
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Rent
In the leaked letters, experts warn that those living in tower blocks like Grenfell Tower were "at risk".
june 2017 by asterisk2a
Complex chain of companies who worked Grenfell Tower raises oversight concerns | UK news | The Guardian
june 2017 by asterisk2a
Experts warn of impact of multiple contractors, reduced council oversight, disparate build teams and privatisation. // 5k difference for more fireproof cladding - cladding to make twoer nicer to look at for the rich surroundings - https://twitter.com/tompeck/status/875465866124697604 &! https://www.theguardian.com/commentisfree/2017/jun/16/grenfell-tower-price-britain-inequality-high-rise & cheaper less fire resistant cladding used - https://www.theguardian.com/uk-news/2017/jun/16/manufacturer-of-cladding-on-grenfell-tower-identified-as-omnis-exteriors &! Tories history of deregulation of health and savety - http://www.independent.co.uk/news/uk/politics/david-cameron-i-will-kill-off-safety-culture-6285238.html &! https://www.youtube.com/watch?v=Fy9GQRy7RUI
GrenfellTowerFire
UK
Privatisation
Council
Austerity
budget
Conservative
Party
nasty
Tories
nastyparty
Social
Housing
affordable
gentrification
accountability
outsourcing
neoliberal
neoliberalism
policy
David
Cameron
George
Osborne
Theresa
May
working
class
inequality
BAME
discrimination
homelessness
homeless
poverty
trap
Generation
Rent
London
segregation
june 2017 by asterisk2a
Yes this really is the end of Tory austerity – because it was never about economics in the first place | The Independent
june 2017 by asterisk2a
[private sector will pick up the tap - the households did, but not corporations! bc long-term ROI growth in not attractive in the west w secular stagnation! see Richard Koo ] But it was a very long time coming. It became clear within a year of George Osborne’s 2010 “emergency budget”, which forced through huge cuts in capital budgets and an intense squeeze on Whitehall departments and welfare spending, that the austerity medicine was hurting, not helping.
The economy was flatlining, teetering on the verge of recession. Whether this was primarily due to the crisis in the neighbouring eurozone and a spike in global oil prices or because the negative knock-on impact of the government’s domestic spending cuts was bigger than initially thought is still debated by economists.
Austerity
Brexit
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Fairy
GFC
bank
bailout
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government
household
personal
loan
credit
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history
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mobility
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growth
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spending
gini
coefficient
tax
evasion
avoidance
taxation
corporate
taxcut
capital
labour
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output
gap
recovery
secular
stagnation
infrastructure
investment
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May
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Osborne
David
Cameron
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bubble
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reflation
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distortion
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RichardKoo
Koo
Richard
The economy was flatlining, teetering on the verge of recession. Whether this was primarily due to the crisis in the neighbouring eurozone and a spike in global oil prices or because the negative knock-on impact of the government’s domestic spending cuts was bigger than initially thought is still debated by economists.
june 2017 by asterisk2a
Britain’s economy is broken. We desperately need new ideas | Tom Kibasi | Opinion | The Guardian
june 2017 by asterisk2a
If the country was economically bankrupt in 2010, it is intellectually bankrupt in 2017. On the eve of the general election, politicians of all parties have rarely been so devoid of progressive ideas [...] Yet in substance, May’s approach remains mere tinkering at the edges of economic policy. The Conservatives remain stubbornly allergic to – or ignorant of – Keynesian macroeconomics. [...] [and housing and real estate lending distorting the lending picture. houses are not productive! R&D, and firms are. and creating long-term jobs w real incomes to spend (not remortgaging your home bc of housing bubble]
Brexit
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piggybank
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banking
investment
distortion
lending
property
UK
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wage
income
growth
inflation
£
june 2017 by asterisk2a
The Conservatives quietly U-turn on their big manifesto promise to build "new generation of social housing" - Mirror Online
june 2017 by asterisk2a
U-Turn no 10 - https://twitter.com/MirrorPolitics/status/871044024798412800 by Theresa May The Conservatives quietly U-turn on their big manifesto promise to build "new generation of social housing"
Housing minister Gavin Barwell has confirmed the Tories new social homes won't have council house rents - they will in fact probably be much higher
GE2017
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Housing minister Gavin Barwell has confirmed the Tories new social homes won't have council house rents - they will in fact probably be much higher
june 2017 by asterisk2a
Distortion of financial economy (speculation), underinvestment in real things.
may 2017 by asterisk2a
7:33 QE and ZIRP and banks business model, the financialisation of the western economies, is causing underinvestment now for a too long time, in the real economy (companies, R&D, infrastructure, edu, productivity). - https://www.youtube.com/watch?v=ZL31ORGxZPk - TBTF central banks w QE blance sheet unable to unwind it! Loss of faith in politics and the system. (2) credit bubble from consumers that made the recovery w the help of ZIRP QE - zombie consumer zombie companies zombie banks - kept just about alive w QE and ZIRP. america uk worth more on paper due to credit and forex USD £ than their real economy realer wirtschaftswert (3) Argentina example.
ZIRP
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QE
housing
mortgage
bubble
real
estate
squeezed
middle
class
working
poor
poverty
trap
social
income
mobility
recovery
GFC
central
banks
ECB
BOE
Fed
BOJ
austerity
Schuldenbremse
trickle-down
underinvestment
economic
history
TBTF
may 2017 by asterisk2a
BBC One - Rip Off Britain, Episode 9: Julia investigates the snags which can come with buying a new build
may 2017 by asterisk2a
UK housing crisis. yet another report. due to the unmet demand and buyers willing to compromise. builders are not building properly, high-quality houses and flats. up and down the country! this is no one single incident. first-hand evidence. this is chronic across the industry! using carrier plastic bags for insulation is no mistake by the contractor nor builder. // lesson learned, get an independent surveyor before paying any money! // there are more consumer protection laws and right regarding a tin of beans than a build house. //
UK
industry
housing
crisis
capitalism
crony
profit
maximisation
consumer
protection
self-regulation
may 2017 by asterisk2a
Britain’s brutal asylum rules allow a little girl to be uprooted with a day’s notice | Jess Phillips | Opinion | The Guardian
UK dehumanisation refugee asylum seeker immigration Austerity Tories nasty party housing crisis Conservative Theresa May homelessness homeless inequality
may 2017 by asterisk2a
UK dehumanisation refugee asylum seeker immigration Austerity Tories nasty party housing crisis Conservative Theresa May homelessness homeless inequality
may 2017 by asterisk2a
The ten graphs which show how Britain became a wholly owned subsidiary of the City of London (and what we can do about it) – New thinking for the British economy
may 2017 by asterisk2a
[ uk banks overinvested enabled by political policy into houses and high streets. underinvested in productive capital like R&D companies in general etc ] >> But it doesn’t increase the productive capacity of the economy one iota: a more expensive house doesn’t produce more intelligent children, and a higher share price doesn’t boost a company’s productivity (though it can indirectly boost its capacity to raise funds for investment). [...] Debt-financed asset purchases are thus fundamentally a Ponzi activity: // not just tight housing supply is increasing prices, but also easy credit/debt/mortgage market! // [...] ultimately, there is a limit to just how much debt individuals and corporations can take on – even with low interest rates
UK
ZIRP
NIRP
QE
housing
market
mortgage
household
consumer
debt
disposable
income
servitude
GFC
recovery
wage
growth
Ponzi
asset
capital
Kapital
BOE
credit
card
affordable
social
servicing
default
rate
insolvency
speculation
unintended
consequences
economic
history
consumption
secular
stagnation
Brexit
policy
fiscal
monetary
Mark
Carney
underinvestment
productivity
R&D
Career
Politicians
Margaret
Thatcher
may 2017 by asterisk2a
(453) James O'Brien (and Incorrigible) solve the housing crisis - YouTube
may 2017 by asterisk2a
thatcher banned councils from borrowing money to build council houses/flats. ie w 50, 100 year loans. Councils would be making profit in the end by owning capital. Thatcher didnt like it, banned it. market and private capital knows best how to make profit. governments not allowed to make profits ROI on investment. Now +1bn housing benefit goes to private landlord. and 1/3 of ex council social housing is rented out by private landlords.
UK
Margaret
Thatcher
Privatisation
Social
Housing
affordable
Council
Tories
Conservative
Party
nasty
crisis
profit
maximisation
capitalism
Government
Capital
Kapital
ROI
rent
seeking
rentier
underinvestment
infrastructure
investment
GFC
recovery
immigration
demographic
bubble
England
economic
history
Tony
Blair
Labour
GE2017
Thomas
Piketty
neoliberal
neoliberalism
Brexit
may 2017 by asterisk2a
Brexitland: The truth from well-to-do Fareham: this was no working-class uprising | Owen Jones | Opinion | The Guardian
april 2017 by asterisk2a
https://aufwachen-podcast.de/2017/04/07/a193-ethnopluralismus/ min 29 ... globale liberalismus ... ethnopluralismus aehnlich segregation // As he continues his journey around leave-voting areas, Owen Jones finds middle-class Brexiters variously motivated, but happy with the choice they made
• Brexitland: People can’t find homes. No wonder they were angry
• Brexitland: ‘Too many foreigners – way, way too many’
Brexit
Austerity
Housing
Crisis
UK
inequality
working
poor
stagnation
secular
recovery
economic
history
globalisation
Abstiegsangst
Society
Gesellschaft
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neoliberalism
crony
capitalism
Identity
Career
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Culture
Segregation
Germany
far-right
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Supremacy
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Class
Precariat
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gini
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Donald
Trump
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• Brexitland: People can’t find homes. No wonder they were angry
• Brexitland: ‘Too many foreigners – way, way too many’
april 2017 by asterisk2a
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