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My assumption too - bold. But at base the banking racket post Fed
Reserve. <b>Fractional Reserve Banking.</b> NOT DISCUSSED -
including by good Jeremy. Now a recession is being engineered AGAIN
- time for that revolution of the mind - in the streets - with
millions. No weapons, no MI5 spoilers - bricks through windows.
Minds and hands. Diggers all.<br>
<br>
for truth David (Halpin MB BS FRCS Dartmoor 0044 1364 661115 )<br>
<br>
Last posting with 12 ans 13 before) -
<a class="moz-txt-link-freetext" href="https://dhalpin.infoaction.org.uk/">https://dhalpin.infoaction.org.uk/</a> >><br>
<br>
<b><a class="moz-txt-link-freetext" href="https://dhalpin.infoaction.org.uk/6-articles/palestineisrael/425-addition-to-the-continuum-of-fascism-part-eleven-this-the-third-letter-to-sir-keir-starmer-prime-minister-of-great-britain-on-the-27th-of-february-2025-ad">https://dhalpin.infoaction.org.uk/6-articles/palestineisrael/425-addition-to-the-continuum-of-fascism-part-eleven-this-the-third-letter-to-sir-keir-starmer-prime-minister-of-great-britain-on-the-27th-of-february-2025-ad</a></b><br>
<hr width="100%" size="2"><br>
On 02/03/2025 2:24 pm, Tony Gosling wrote:<br>
<blockquote type="cite"
cite="mid:6.2.3.4.1.20250302142228.086a04f0@pop.gn.apc.org">
<br>
<br>
<b>An Englishman’s Home Is His Prison? Labour’s 1.5m homes will be
dominated by private equity firms, charging huge rents
</b><br>
<br>
<a class="moz-txt-link-rfc2396E" href="https://tlio.org.uk/an-englishmans-home-is-his-prison-labours-1-5m-homes-will-be-dominated-by-private-equity-firms-charging-huge-rents/"><https://tlio.org.uk/an-englishmans-home-is-his-prison-labours-1-5m-homes-will-be-dominated-by-private-equity-firms-charging-huge-rents/></a>02
March 2025 | <a class="moz-txt-link-rfc2396E" href="https://tlio.org.uk/author/tony/"><https://tlio.org.uk/author/tony/></a>Tony Gosling
|
<a class="moz-txt-link-rfc2396E" href="https://tlio.org.uk/an-englishmans-home-is-his-prison-labours-1-5m-homes-will-be-dominated-by-private-equity-firms-charging-huge-rents/#respond"><https://tlio.org.uk/an-englishmans-home-is-his-prison-labours-1-5m-homes-will-be-dominated-by-private-equity-firms-charging-huge-rents/#respond></a>Leave
a comment
<br>
<br>
Labour’s 1.5m homes will be dominated by private equity firms
charging huge rents
<br>
<br>
<a class="moz-txt-link-rfc2396E" href="https://www.thecanary.co/uk/analysis/2025/02/23/labour-build-to-rent/"><https://www.thecanary.co/uk/analysis/2025/02/23/labour-build-to-rent/></a>by
James Wright 23 February 2025
<br>
<a class="moz-txt-link-freetext" href="https://www.thecanary.co/uk/analysis/2025/02/23/labour-build-to-rent/">https://www.thecanary.co/uk/analysis/2025/02/23/labour-build-to-rent/</a>
<br>
<br>
Emacs!
<br>
<br>
The Labour Party’s pledge to build 1.5m new homes over this
parliament risks being dominated by private equity in the Build to
Rent sector, Common Wealth has warned in a new report.
<br>
<br>
Indeed, chancellor Rachel Reeves has tied herself to fiscal rules
to embed the neoliberal market throughout government planning. In
her budget, she pledged money for the Build to Rent sector in
order to ‘crowd in’ private investment, rather than treating homes
as necessary shelter provided publicly and mandated as affordable
to all.
<br>
<br>
<br>
Private equity in real estate – The Build to Rent scandal
<br>
<br>
Build to Rent properties in the UK have increased to 20% of all
new builds in recent years – and 27% in London, the thinktank
states. Investors know that renting out essentials is a guaranteed
way to make the most money.
<br>
<br>
That is, you get regular, passive income on resources people
automatically need while retaining ownership of the ‘asset’
itself. Investors can then use the ‘product’ as collateral or
eventually sell it.
<br>
<br>
At the same time, housing is a risk free investment for the
government to make through public ownership, which can be
organised on the basis of need and affordability.
<br>
<br>
Another way the current system is far from adequate is inherited
wealth. Common Wealth notes that that in 2023 the majority of
first time house buyers (57%) received financial assistance from
their parents. The lottery of birthright should surely not prevail
over the fact that housing is is a commonality.
<br>
<br>
Nonetheless, the thinktank further points out that between the
onset of the financial crash in 2008 and 2023 the global real
estate ‘assets’ under the management of “institutional investors”
increased by around 450% from $385bn to $1.7trn.
<br>
<br>
<a class="moz-txt-link-rfc2396E" href="https://www.economist.com/britain/2024/08/08/would-building-15m-homes-bring-down-british-house-prices"><https://www.economist.com/britain/2024/08/08/would-building-15m-homes-bring-down-british-house-prices></a>Related:
Would private equity building 1.5m UK homes bring down British
house prices?
<br>
<br>
<br>
Rachel Reeves: making the situation even worse
<br>
<br>
In the UK, overseas investors believe the housing market system to
be staying. In absolute terms, UK real estate was the largest
housing market for foreign investment in the first quarter of
2024.
<br>
<br>
Private investors want to maximise their profits at every avenue.
Common Wealth points out this is at odds with providing affordable
and social housing. The thinktank notes that when asset managers
Blackstone bought up and renovated homes in Stockholm, rents
increased by a whopping 43%.
<br>
<br>
The report further shows that a “structural undersupply” of
housing leads to year on year rent rises.
<br>
<br>
Instead of tackling the issue, Reeves seems intent on making the
situation worse and diverting more resources away from public
housing and towards private investment.
<br>
<br>
<fieldset class="moz-mime-attachment-header"></fieldset>
<pre class="moz-quote-pre" wrap="">Diggers350 - an e-mail discussion/information-share list for campaigners in THE LAND IS OURS landrights network based in the UK
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The list began eight weeks prior to the 350th anniversary of The Diggers. They occupied land at the end of the English Civil war with a noble mission to make the earth 'a common treasury for all'. In the spring of 1999 there were celebrations to remember the Diggers vision and their contribution to human freedom and what we now call social justice.
SNAPPER TASH, ON THE HILL
<a class="moz-txt-link-freetext" href="http://www.youtube..com/watch?v=FWk9rRJsk5I">http://www.youtube..com/watch?v=FWk9rRJsk5I</a>
THE LAND MAGAZINE
Subscription is £20 for three issues, although dates of publication can't be guaranteed in present circumstances. Single copies are £6 including postage, or £5 from shops. <a class="moz-txt-link-freetext" href="http://www.thelandmagazine.org.uk/shop">http://www.thelandmagazine.org.uk/shop</a> (incl. online ordering with Paypal)
Many articles online - and downloaded with pictures as PDFs for free.
All enquiries <a class="moz-txt-link-abbreviated" href="mailto:gill@thelandmagazine.org.uk">gill@thelandmagazine.org.uk</a>
THE SCYTHE SHOP (advertisement)
There is a revival of scything in the UK. Scything summer growth by hand is usually quicker than using a strimmer, and there is no noise, vibration or pollution. <a class="moz-txt-link-freetext" href="http://www.thescytheshop.co.uk/">http://www.thescytheshop.co.uk/</a>
Die Pride and Envie; Flesh, take the poor's advice.
Covetousnesse be gon: Come, Truth and Love arise.
Patience take the Crown; throw Anger out of dores:
Cast out Hypocrisie and Lust, which follows whores:
Then England sit in rest; Thy sorrows will have end;
Thy Sons will live in peace, and each will be a friend.
<a class="moz-txt-link-freetext" href="http://www.bilderberg.org/land/gift.htm">http://www.bilderberg.org/land/gift.htm</a>
Woe to those who join house to house and field to field, until there is no more room, and you are made to dwell alone in the midst of the land. Yahweh of heaven's armies has sworn in my hearing: 'Surely many houses shall be desolate, large and beautiful houses, without inhabitant.' Isaiah 5:8-9
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</blockquote>
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