Royal Mail had a large sorting office slap in the centre of Brighton. The building was put up in the 1930s and the work inside went on day and night. In the days when the mail went by rail, it was a good location, a couple of hundred yards from the station. But for those who lived nearby, it was a bad neighbour, since it generated a huge volume of traffic, often carelessly driven. In the late 1980s,...
Buy land – they don’t make it any more
“Investing in British land”. If people were encouraged to buy up grain when there was a famine, most people would denounce it as immoral. Double standards apply.
Crossrail windfall
Crossrail figures estimate the price of commercial space along the line will climb 10 per cent over the next decade, above an already rising baseline projection. Read more in FT article here.
Windfall time
It is the season of windfalls.
Buyers beware of Britain’s absurd property trap
“The government’s Help to Buy scheme is really helping those who wish to keep housing costly”, writes Michael Wolff in this analysis in the Financial Times. Nice to see that someone is following the same line of thinking as us.
London flat snip at £68 million
One Hyde Park – more information here. New residential properties in London are being snapped up by foreign purchasers. London is obviously a desirable location. We do not mind who buys the property or where they come from, as long as they pay the rental value of the land they were standing on. As we have always argued, it would give a solid source of revenue for the British exchequer and...
Here’s where Google’s profits end up in land values
In house prices round Google’s headquarters in Silicon Valley. Or more precisely, in the value of the land the houses are standing on. What a surprise!
Petition – scrap “Help to buy”
We, the undersigned request the government stops creating schemes such as ‘firstbuy’ and ‘help to buy’ which are harmful to the UK economic.
Why the concern about Google?
Why the concern about Google? Criticism of Google’s tax avoidance practices continues to rumble on in the newspapers. It is, the critics argue, a case of Google not being “good citizens”. This is to miss the point completely. If Google’s (or anyone else’s) actions are immoral but legal, then surely it is the law that needs to be changed? Law and morality need to be...
Bangladesh factory scandal
The Bangladesh factory scandal has been followed by a round of breast-beating, as if firms that sell cheap clothing, or their customers, were to blame and could do something about the situation, even if it was just to apply political pressure.
The wages of labour are in all circumstances the least that people will accept. If there are no other opportunities for earning a livelihood, then people...