#RENTAL #CRISIS AFFECTS MANY LARGE GLOBAL #URBAN CENTRES

Editor's Comments:

 There is little doubt that the current housing crisis is global; thus the underlying causes must logically relate to world-wide variables. Too often local governments will take simplistic approaches that are not well thought- out and focus policy and actions on regional symptoms. These band aids may have short-term benefits for a few folks and political ambitions, but will fail terribly at addressing the key long-term variables behind the crisis. Consequently, the crisis will never be resolved using short-sighted measures based on any self-serving political agenda with no basis in mathematics or evidence-based science. 

So what are some of these key global variables? Well, here is a summary of critical global factors that can be tied to the fact that the planet is reaching its limits to growth. Meaning that we have reached the tipping point that cannot be reversed with local band aid approaches. If we do not address these global factors - then the outlook for global society beyond a few more years is highly speculative, at best.  

KEY GLOBAL FACTORS

RAPID DEPLETION OF ENERGY AND RESOURCES,

RISING INTEREST RATES, LEADING TO ASSET VALUE DEPRECIATION, CURRENCY/ECONOMIC COLLAPSES

UNSUSTAINABLE EXPONENTIAL POPULATION GROWTH- DOUBLES IN 50 YEARS?

CLIMATE AND ECOLOGICAL DECLINE, MELTING ARCTIC ICE

GROWING GEO-POLITICAL TENSIONS - POPULATION/RESOURCE IMBALANCE WILL LEAD TO MORE CONFLICTS

As  a consequence of this variable equation, there are 50 countries now facing severe economic difficulties breeding social unrest and shortages of living essentials. As they collapse the interdependent global economy will add more countries to the list as both supply chains and currencies disappear from existence.  Regional conflicts will therefore run the risk of quickly spreading as nations become desperate. to maintain civil order.

What is clear and self-evident - local solutions have no chance of  working and a coordinated global effort is promptly needed to act upon the equation of factors highlighted or we may all suffer the dire consequences as the resource pie shrinks against an ever-increasing population demand for more living essentials. 

Put simply, the numbers, math, sciences and physical planetary constraints just don't work...  

  Executive Committee 

December 3, 2020

They could just evict us’: the tenants hit by huge hikes in UK rents

From Manchester to London, three people tell of stress, fear and eviction as cost of private renting rockets

 Soaring rents making life ‘unaffordable’ for private UK tenants

£8,000 a year; £300 a month; 60%. These are just some of the rent rises demanded from private tenants as winter approaches. The alternative can be eviction, sofa surfing or scrambling in an overheated market for another place. With homelessness the fear, it is extremely stressful.

The already expensive housing markets of London and the south-east are worst affected but it is a national problem. In Manchester Clara Graziani, 27, a customer services worker, was paying £695 a month on a city centre flat until she was served with an eviction notice in September. Her landlord used the “no fault eviction” process the government has repeatedly pledged to abolish, but still hasn’t. Graziani had agreed to pay 8% extra, but then, without explanation, she was evicted.

PRICES WILL JUST KEEP RISING IN UK

“They didn’t have to give a reason,” she said. “I was really stressed about the situation.”

An estate agent let slip the landlord’s plan was in fact to raise the rent to £895 – a 29% hike – and get someone else in.

“It was really, really hard to find somewhere else,” Graziani said. “When you see a flat on Rightmove, it could be deleted in two minutes because someone paid a holding deposit.” Eventually she paid a deposit on a flat without seeing it in person.

When she finally got in “it smelled a bit of damp in a couple of rooms”, she said.

Ygerne Price-Davies, 24, a domestic abuse worker who shares a rented home in south London, is facing eviction unless she and her housemates agree to a 13% rent increase.

GLOBAL HOUSING CRASH WILL HAVE SERIOUS OUTCOMES

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