- News Reports
- EVERYONE
- Theresa May Speech
- GEMMA
- Theresa May speech and the information you have gathered
- Benefits Office
- KEIYEN
- Housing Officer (KEIYEN) showcasing the benefits information.
- Denying Homeless Woman’s (DILARA) request for benefits.
- Landlord account
- LUKE D.
- History of housing: HOUSING Officer
- LAURENCE
- Land Banking
BUSINESSMAN: What’s land banking you ask? Well. Land banks are quasi-governmental entities created by counties or municipalities to effectively manage and repurpose an inventory of underused, abandoned, or foreclosed property. I can see I’m confusing you, apologies. Look at it this way, land banking is comparable to stockbroking. As a stockbroker, you buy stocks when they’re cheap, and sell them when they’re of a higher value to make a profit. Now it’s the same premise with land banking, except replace the stocks with property. It’s a big game. I mean, there were 1,652 vacant properties in Kensington and Chelsea in August of 2017 alone. Now most of these vacant homes are owned by businessmen, oligarchs, and “foreign royalty”, and there is about 200,000 empty homes in London, all just being used as stocks, as saving accounts with amazing interest and returns. Margaret Thatcher’s policy of selling of council houses, seemed to be encouraging people to view there properties not as homes to snuggle up in and have a nice family, but as an investment, a pension, a means by which to purchase another. The houses you see on the street, many aren’t homes anymore, just piles of money building up.
No comments:
Post a Comment