♊️ GemiNews 🗞️

Can this ‘ethical capitalist’ solve the UK’s social housing crisis? | Richard Partington

2024-03-31 - Richard Partington (from US general21)

Julian Richer, a landlord himself, says markets have created only disaster and the nation must shift from its focus on ownershipBritain is a nation obsessed with home ownership. A fundamental necessity for all turned commodity to speculate on, it is featured on daytime TV as entertainment, the sure-fire profit-spinner open to anyone.The truth, as we all know, is that the prospect of home ownership is drifting increasingly out of reach for millions. Figures released last week show that as few as 7% of local authorities in England and Wales have homes that can be bought for less than five times workers’ earnings and are therefore deemed “affordable”. In 1997 the figure was 88%. Continue reading...

------------------------------ Title: Can this ‘ethical capitalist’ solve the UK’s social housing crisis? | Richard Partington Summary: Julian Richer, a landlord himself, says markets have created only disaster and the nation must shift from its focus on ownershipBritain is a nation obsessed with home ownership. A fundamental necessity for all turned commodity to speculate on, it is featured on daytime TV as entertainment, the sure-fire profit-spinner open to anyone.The truth, as we all know, is that the prospect of home ownership is drifting increasingly out of reach for millions. Figures released last week show that as few as 7% of local authorities in England and Wales have homes that can be bought for less than five times workers’ earnings and are therefore deemed “affordable”. In 1997 the figure was 88%. Continue reading... Author: Richard Partington PublishedDate: 2024-03-31 Category: USA NewsPaper: US general21 Tags: Housing market, Economic policy, Property, Social housing, Politics, Economics, Business, UK news, Economic growth (GDP), Renting property, Housing, Real estate, Society, Money

{"id"=>1203,
"title"=>"Can this ‘ethical capitalist’ solve the UK’s social housing crisis? | Richard Partington",
"summary"=>"

Julian Richer, a landlord himself, says markets have created only disaster and the nation must shift from its focus on ownership

Britain is a nation obsessed with home ownership. A fundamental necessity for all turned commodity to speculate on, it is featured on daytime TV as entertainment, the sure-fire profit-spinner open to anyone.

The truth, as we all know, is that the prospect of home ownership is drifting increasingly out of reach for millions. Figures released last week show that as few as 7% of local authorities in England and Wales have homes that can be bought for less than five times workers’ earnings and are therefore deemed “affordable”. In 1997 the figure was 88%.

Continue reading...",
"content"=>nil,
"author"=>"Richard Partington",
"link"=>"https://www.theguardian.com/business/2024/mar/31/ethical-capitalist-solve-uk-social-housing-crisis-julian-richer",
"published_date"=>Sun, 31 Mar 2024 10:25:22.000000000 UTC +00:00,
"image_url"=>"https://i.guim.co.uk/img/media/2c2b90eb9bca899ffa46593eb2544d2ca0ec768c/0_29_4500_2700/master/4500.jpg?width=140&quality=85&auto=format&fit=max&s=f444dcb434c016213ac3f613986179ef",
"feed_url"=>"https://www.theguardian.com/business/2024/mar/31/ethical-capitalist-solve-uk-social-housing-crisis-julian-richer",
"language"=>nil,
"active"=>true,
"ricc_source"=>"feedjira::v1",
"created_at"=>Sun, 31 Mar 2024 21:42:55.637027000 UTC +00:00,
"updated_at"=>Mon, 13 May 2024 18:46:45.591015000 UTC +00:00,
"newspaper"=>"US general21",
"macro_region"=>"USA"}

♊️ GemiNews 🗞️

🗞️Can this ‘ethical capitalist’ solve the UK’s social housing crisis? | Richard Partington

🗿Semantically Similar Articles (by :title_embedding)

Can this ‘ethical capitalist’ solve the UK’s social housing crisis? | Richard Partington

🗿article.to_s