An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Monday, July 16, 2018
Britain’s iFeudalism - Renegade Inc
In Europe during the Middle Ages feudalism was the social order of the day. Society was structured between landowners and the landless. Astonishingly in the UK today that social order is, again, on the rise.
A growing number of leasehold homeowners are at the mercy of a new class of rent-seeker - actively exploit them in their own homes through onerous ground rents and permission fees. Many of these homes were bought through the government sanctioned Help To Buy Scheme which has fuelled house builders profits and led to massive remuneration packages for CEOs.
So on this show we uncover the sleight of hand behind this growing crisis.
Host Ross Ashcroft is joined by the founder of the National Leasehold Campaign Katie Kendrick and Director of the Leasehold Knowledge Partnership, Sebastian O’Kelly.
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