Wednesday, October 17, 2007

 

Property is Theft - A Current Example

I see that the chickens are finally come home to roost in this property boom bullshit where houses, flats and homes were transformed into property; no longer an abode or an habitation, a place where one could relax - no, property is a means of generating wealth and feeding greed. Home is where the heart is, so the saying goes - but in this bullshit there are now no homes and many people have been made homeless in all of this shit. It is even worse, because in reading today's Metro, people are now having to keep up with their mortgage repayments and rent by credit card. This is worrying, there is a limit to credit card and the interest charged is extortionate. I, for one, have been paying my council tax through it (I am also going through a skint time). The fall of Northern Rock speaks volumes, yet house prices and rents remain grossly inflated. Shelter is a basic human need and should be a right. Market forces have determined that we should pay through the arse for this. Yet it does not make economic sense - people can only afford so much out of their salaries and wages towards the rent or mortgage - they have other needs to attend to such food and fuel; costs such as travelling to work, council tax, water bills etc, etc, etc. It is as if greedy property developers and those in the housing market have ignored these basic economic details in their unregulated greedy pursuits. Someone is going to pay for this fucking mess that these greedy bastards have made and it won't be property developers, estate agents or greedy landlords; oh no, it will be the taxpayer.

On a lighter but related note, I found a couple of videos on Youtube



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