Tag: Property

Informed Comment

Revealed: Properties in nature’s firing line – » The Australian Independent Media Network

Andrew Bolt and Sky News say it’s bullshit but his insurance premiums will boom

Key facts:

  • 40 per cent of all properties in NSW are now at moderate to high risk of flooding.
  • The risk of catastrophic loss, both financially and physically, will drive up insurance premiums.
  • NSW’s so-called Black Summer bushfires of 2029-20 cost $4.9 billion.
  • Insurers have paid our $13 billion in climate-related claims in NSW.
  • The combined value of coastal properties exposed to coastal erosion damage is $25 billion.
  • Some suburbs and land lots will see reductions in risk from the elements due to favourable weather forecasts.
  • Some regions will see no change at all. But for many, the situation will worsen during the next 30 years.

 

Source: Revealed: Properties in nature’s firing line – » The Australian Independent Media Network

Colonialism

Property, Race, Colonialism, and Capitalism

Labor to lay out key elements of its Indigenous Voice by Christmas | The Australian

An Indigenous fact that speaks to Power : “I wasn’t born in Australia. Australia was born on our land!”

The colonial state treated indigenous populations as either less than human or as incapable of owning property privately.

The idea that indigenous peoples do not cultivate their land — going back to that Lockean fantasy that America existed as this uncultivated wild — is a racial trope

Interview

https://play.acast.com/s/jacobin-radio/dig-colonial-lives-of-property-w-brenna-bhandar

Transcript

Source: Property, Race, Colonialism, and Capitalism

Fight against Fake News, Fighting Fake News

Old Dog Thought- Capitalism expand debt, guilt,obligation.
Snakes and Ladders: stimulus schemes and debt skew economy as property prices rocket

Fighting Fake News with REAL; 25/5/21; Housing, Property Prices, Jail Bankers,

LNP Economic Management, Uncategorized

Are banks really going to revert to type and let struggling borrowers lose their homes? | Housing | The Guardian

a home for auction

via Are banks really going to revert to type and let struggling borrowers lose their homes? | Housing | The Guardian

Coronavirus, Uncategorized

Coronavirus is wreaking havoc on the economy, but house prices are holding up — for now – Business – ABC News (Australian Broadcasting Corporation)

Auction sign on house replaced with sold sign

via Coronavirus is wreaking havoc on the economy, but house prices are holding up — for now – Business – ABC News (Australian Broadcasting Corporation)

Informed Comment, Uncategorized

Rising tide: Dealing with sea-level rise when private property is at stake | The Monthly

via Rising tide: Dealing with sea-level rise when private property is at stake | The Monthly

LNP, LNP Economic Management, LNP Government, Uncategorized

House prices and household income plummet under the Coalition

via House prices and household income plummet under the Coalition

Humour

Renters Unveil World’s Tiniest Violin For Home Owners Whose Properties Have Fallen In Value – The Shovel

Source: Renters Unveil World’s Tiniest Violin For Home Owners Whose Properties Have Fallen In Value – The Shovel

Israel

Israeli town halts property sales after realizing most buyers were Palestinians | The Electronic Intifada

Racism

Adalah, a legal center for Palestinians in Israel, stated that Yechieli’s words and actions “are motivated by racism.”

Preventing Palestinian citizens of Israel “from purchasing homes due strictly to their national identity is an illegitimate act,” Adalah added.

“In a climate in which the Israeli Knesset continues to promote racist legislation targeting Arab citizens, Kfar Vradim’s council leader feels emboldened to promote racist policies and to trample the most basic of democratic principles,” the group stated.

Jamal Zahalka, a Palestinian lawmaker in Israel’s parliament, called on the attorney general to investigate Yechieli’s “racist” decision.

via Israeli town halts property sales after realizing most buyers were Palestinians | The Electronic Intifada

Australian Economy

What Melbourne’s median house price could buy you around the world

Ever thought about throwing it all in, selling up and moving overseas?

Source: What Melbourne’s median house price could buy you around the world

Prosperity, Uncategorized

Chinese heavyweights buy $7.5 million Keepers Cottage in Vaucluse during Golden Week – Domain

Powerful Chinese conglomerate Nanshan Group and one of Virgin Australia’s majority shareholders continues to make waves in Australia, this time buying up a piece of Australian history and heritage.

Source: Chinese heavyweights buy $7.5 million Keepers Cottage in Vaucluse during Golden Week – Domain

Corporate theft of Democracy

Corporations to Workers: ‘We Own You’

Activists react outside the Supreme Court in Washington after the justices ruled in favor of Hobby Lobby in a closely-watched case, June 30, 2014. The court's 5-4 decision runs counter to public opinion, according to at least one recent poll in which 53 percent of respondents said employers should be required to cover birth control regardless of their religious beliefs. (Doug Mills/The New York Times)

Corporations to Workers: ‘We Own You’.