Tag Archives: property speculation

The gentrification of New Orleans & a warning for post-Harvey Texans (Agenda 21)

This is part of Agenda 21. (See here also). Privatization. Here in NZ the gentrification of Tamaki is going on under your noses Kiwis with thousands of homes land banked by the Nats since 2012. Nation wide they’re selling off our council assets to property speculators aka developers. Same scenario in London with the Grenfell Tower fire. Same also with the pretend post-quake Christchurch rebuild.  Years on and folks still waiting for compensation/insurances to move forward. They are claiming all these places for the wealthy only, further marginalizing the dispossessed. Colonization all over again. As the late Russell Means said, ‘Welcome to the Reservation’.  Russell’s video at the link is a must watch … he describes in detail the gradual progression of your loss of rights. His people of course are well aware as they were the first in line of fire, hence the title.

Read here what happened in New Orleans from a local. She warns of possible things to come.  EnvirowatchRangitikei 

From alternet.org  via dianeravitch.net

A New Orleans native says that what happened to her city and its schools after Katrina should serve as a cautionary tale for Texans recovering from Harvey.

My prayers are with you, Texas. My memories are with you too. The day after Katrina hit New Orleans, my family and I made the 17 hour car ride to Houston. The people of Texas welcomed us, opening their homes and helping us out with clothing, even financial assistance. As a native New Orleanian, I wish that I could do the same for you now. But what’s happened in my city and to its schools serves as a cautionary tale to residents of Houston. Reeling from the disaster, our communities were scattered like the four winds. I returned from Houston, many of us did, but the New Orleans we left doesn’t belong to us anymore.

Rents have quadrupled as gentrification remakes whole neighborhoods, pushing out long-time residents. Nearly half of the children here now live in poverty, and job security is worse, salaries lower. The sense that we’re doing worse than before Katrina is borne out in the data: Black New Orleanians have 18% less wealththan we did in 2005.

My prayers are with you, Texas. But my warnings are too.

READ MORE

http://www.alternet.org/new-orleans-warnings-school-privatization

Photo Credit (New Orleans) : Wikipedia

 

The property developers who bought the Horowhenua community housing are getting “the deal of the century”

communityhousing1-2
Horowhenua’s pensioner housing sold (Photo Credit: Horowhenua DC)

As we’ve learned since this article below was published by Stuff, the HDC has not exactly highlighted that this deal that is long term and promises wrap around services actually expires in 12 years. This was pointed out by Rob McCann, Labour candidate for Otaki. Add the implications of that to the real deal they are getting and one could be forgiven for thinking they might be land banking, just like the Tamaki Regeneration (aka gentrification) company have. Especially when little mention’s been made to the public on the extra piece of land that goes with the housing (for later provision of possibly even more community housing we’re told). I’ve added comments below from FB’s At the Nua regarding the true bargain the buyers have – plus a copy of the details sent to current tenants of the housing. If all of this is true, Compassion Horowhenua, the company formed one week prior to the sale, will quite likely be laughing all the way to the bank. Well they likely will be in twelve years at any rate. I believe the Horowhenua public may have been thoroughly shafted….

tom scott dom post today date is 4 may 16

 

 

Horowhenua Council confirms contentious pensioner housing sale largely a done deal

Stuff.co.nz

The sale of Horowhenua’s council-owned pensioner housing may be all but a done deal, but it remains a bitter bone of contention in the district.

At a media briefing on Wednesday, the Horowhenua District Council officially announced the sale of its 115 pensioner housing units was expected to be finalised within the next five weeks.

READ MORE

“At the Nua” on FB comments:

” “But the council would not confirm the controversial $5.5 million price tag – well below the property portfolio’s rateable value of $7.19 million. It did, however, concede the sale price was less than that.”

Amongst many favourable aspects to the new owner in this deal…

Actually the sale price is $5.25m – the council are gifting $250k to the new owners for maintenance work on the units! Worse still the rateable value is actually over $9m ($7.19m is the “book value” after the units have been depreciated!). Then there’s a concession clearly given on the fact that someone estimates “a projected $4.3m cost to replace 50-60 per cent of the units in the next 25 years”… next 25 years… you’re kidding right? The transfer of the housing loan ($5.2m) means the new owners get the money free until 2029 – a free $5.2m loan for the next 12 years…”

Here is a link to the details given to tenants of the housing:

Horowhenua cty housing sale


 

 

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Put it all into context & it’s part of the current trend. World wide, government/corporations are selling off our precious public assets to private corporations. It’s part of the UN plan for global governance under Agenda 21/30. By increments over the past three decades they’ve been whittling away our sovereignty and now of course there’s little left of either. And we’re all knee deep in debt.  Key’s made open slather of it all and if the UN’s plan for global governance is a supposedly better system than what we had then we’d better all wake up fast because the evidence is not stacking up. Teen suicide, homelessness, poverty all on the rise while the wealthy are rolling in it. Can you not see something is really wrong with that picture?

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EnvirowatchHorowhenua