There is no shortage of housing in Britain. There is however speculation, which is driving prices up, resulting in empty housing.
Read here
Ann Pettifor: Why building more homes will not solve Britain’s housing crisis
Economics
Bernie Sanders intros ‘Stop Bad Employers by Zeroing Out Subsidies (BEZOS)’ bill
This is an interesting idea, but rather complicated. Would it not be simpler to increase the minimum wage? Read here
Deregulation
Ann Pettifor – The financialisation of the housing market
Sky.rocketing house prices have nothing to do with a shortage of housing. It is the result of speculation. To make matters worse, property has become financialised, thus converting it from a place to live and […]
Austerity
Bill Mitchell: The ‘fiscal contraction expansion’ lie lives on – now playing in Italy – Part 2
It will be madness if Italy bows to the pressure from the European Commission and the IMF and its related bullies like Blanchard and Co. and engages in more fiscal austerity. Italy is on the […]
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