Discussion in 'UK politics, current affairs and news' started by editor, Feb 6, 2018.
The obscene power of the super rich
Shard owners seek to ban protest by Class War activist
Most ghosts are camera shy and posh ghosts are obsessively private.
So is it any wonder they'd take measures to prevent the demonstration of their existence?
Ian Bone is right to bring attention to this issue.
If you’re in the market for a £50m pad in town you won’t be wanting it in London Bridge, these flats will never sell.
What is the official justification for this business of injunctions, whereby you can apparently just pay a judge to magic up any law you want?
Read somewhere last week that half of the 'luxury' pads currently on sale in London are not shifting, even though loads more are planned.
It seems - maybe because of imminent brexit decline - London property is in retreat as the choice of the discerning global money launderer.
They’re bought as investments not homes which is why they’re empty. They’ll increase in value, as property inevitably does in the capital which provides a return when they’re sold to another speculator. Aside from the return, it’s a safe place to store Capital for those who think it could be seized from banks at home (it’s often foreign investors).
Ghost towers: half of new-build luxury London flats fail to sell
Fri 26 Jan 2018
Developers have 420 towers in pipeline despite up to 15,000 high-end flats still on the market
That is the theory, though we've probably long since passed the point where actual investment is going on and so we are left with the usual phenomenon of fools and their money.
For instance in the new Embassy Gardens development in Nine Elms, they are probably looking at being charged more than ten grand a year just in service charge, council tax and the rest; that is a lot of money to shell out even for the sort of person who can buy them, when the property isnt generating any money and might never do given the huge oversupply combined with the lack of actual people who can afford to live in them.
It’s not even so much investment as putting away you money and laundering dirty money, if it increases in value (this is London, it will) great but if not oh no, but at least your money is clean now and out of reach of the taxman.
It’s worth pointing out the foreign investors angle though even if you suspect it isn’t happening in all luxury blocks standing empty. It’s people who have no intention of living in and contributing to the capital who are driving up property prices for those who can ill afford the mortgages or rents.
Attacking landlordism can be seen as a niche view held by the hard left but buying properties to leave empty as an investment is seen by more as a blatant piss take.
Is buying an apartment in the shard a bit like buying a brick of gold bullion?
The only person who will buy it is someone who like you is just going to keep it in a safe.
No one ever actually uses the gold brick for any practical purpose.
The super-rich using property to store capital is the same as them storing it in gold, gems or art, yeah. Sometimes they’re not even bothered about it gaining interest; it’s about placing your assets in different baskets.
Work by radical Banksy will be a commodity.
The ex-Met cop trying to stitch up Bone is a contemporary of such luminaries as John Yates (latterly an advisor to the democracy demonstration-crushing Bahraini police) and Bob ‘Does My Secret Document Look Big In This?’ Broadhurst. After not doing very well in the Daniel Morgan or Milly Dowler murder inquiries, he shifted over to the second-raters of SOCA, and then the anti-kiddie porn CEOP.
After retirement his attempts at becoming a self-employed security consultant didn't go so well. How he landed the cushy job of security chief at the Shard isn't exactly clear, but it wouldn't be any stranger than career mediocrity Sid Nicholson bagging the post of Head of Security for McDonald's UK back in the 80s after an unillustrious time spent in Special Branch.
It helps that despite being turned over by Sun and NOTW hacks during the Dowler investigation *coff* *phonehacking* he later demonstrated his absolute lack of dignity by praising the Currant Bun...
...Despite him being at (and, indeed, requesting) that awkward meeting between Morgan inquiry detective Dave Cook and Murdoch's representative on Earth, Rebekah Wade, brokered by Slippery Dick Fedorcio, when Wade tried to deny that News Corp had Cook and his wife Jacqui Hames under surveillance by Southern Investigations. Zing!
As for the private security company he commissioned the risk assessment of Bone from, VSG, that was a penny-ante little firm of gumshoes before it teamed up with - wait for it - a catering company. In 2016 it was boasting how it had secured a contract to operate the national business-facing counter terrorism information campaign Project Griffin... Which is convenient, seeing as how VSG's head of counter terrorism was, err, in charge of Project Griffin whilst at the City of London Police right up until he left for a cushy private sector job!
This is one of the best posts I’ve ever read on here.
I'm here all week.
London high end property price down 15% over 3 years
London luxury property prices will stay flat until after Brexit, says Savills
I wonder how much of the surrounding area is actually private property, even the 'public realms'. Pretty common these days for the 'public realms' to be party of the developers portfolio. It would make it very easy to prevent a protest I would have thought.
This, I believe, is why Occupy London was outside a church. Very little "public" access land along the Thames in the metropolis is now actually publicly-owned.
yeh. but who actually owns which bits?
Guardian did some work on it last year
Revealed: the insidious creep of pseudo-public space in London
Mon 24 Jul 2017
Pseudo-public space: explore the map – and tell us what we’re missing
Private eye tax havens map can be quite good as well, nothing for shard though I think.
I was accosted by a security guard on the concourse next to the Shard outside London Bridge, who put his hand over my camera lens while I was trying to take a picture (the cunt) and said it was private property. I found this unlikely but I didn’t argue at the time because it could well have been true.
He wasn’t from the Shard though, he was from the building on the corner, I think it’s where the Sun offices are. Which would be a bit ironic given how they love the paps.
Unless you were using a tripod that's assault init?
Not content with having pissed of the Saudis, the Qataris are now winding up Ian Bone.
How silly of them!
Could be assault anyway given I don’t think they have a legal right to touch you or your camera/tripod - they can just challenge your use of it and call the police to deal with it.
He was careful not to touch me or my camera - he put his hand over the lens a few centimetres away from it. Has the same effect though. I should really have stood my ground and asked exactly where the private property area was. Could have been useful information if it was true at all.
'Seek' is the key word here. No one has agreed to anything at the moment.
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