Equity Partnerships on myhome.ie

Karl Deeter writes on the myhome.ie website about the benefits of equity partnerships for home owner-rentership… Could changing the way we purchase and own property make a difference? In the current market developments are designed to sell rather than serve as an instrument of long term cash flows, the conundrum for sellers and NAMA alike [...]

Must Read – Michael Hudson on Debt and Democracy

Democracy involves subordinating financial dynamics to serve economic balance and growth – and taxing rentier income or keeping basic monopolies in the public domain. Untaxing or privatizing property income “frees” it to be pledged to the banks, to be capitalized into larger loans. Financed by debt leveraging, asset-price inflation increases rentier wealth while indebting the economy at large. The economy shrinks, falling into negative equity. [...]