Category: United Kingdom

Mutual stalemate

2 November, 2009 (15:17) | Affordability, Finance, Global news, Speculation, United Kingdom, Zoning and land use | No comments

If to a hammer everything looks like a nail, to a government everything should be solved by lawyers, guns, or money.  So when the government factory wants to achieve particular public-policy results, it manufactures either or both of its products – laws and money – to motivate private participants, principally Mission Entrepreneurial Entities (MEEs), as [...]

The ecology of a slum: Part 6, the future’s flows

16 April, 2009 (10:03) | Ecosystems, History, London, Slums, Theory, United Kingdom | No comments

[Continued from yesterday's Part 5 and the previous Part 1, Part 2, Part 3 and Part 4.]
 
[Editorial justification for the tour: If we want to improve slums, we have to see them as ecosystems – spontaneous self-generated communities, self-organized, economically rational, economically efficient, adaptive and robust.  We may not like the slums (like Dharavi in [...]

Negative equity: Part 3, what price farmland?

9 April, 2009 (15:03) | Legal, Local issues, Real estate taxes, Tenure, United Kingdom | No comments

[Continued from yesterday's Part 2 and the previous Part 1.]
 

Let there always be an England!
 
In a story that proves there’ll always be an England, in Part 1 we met our plucky, ‘attractively disheveled’ English couple, as profiled in a Daily Mail article, who were being assessed the cost of repairing the chancel on a pre-Reformation church in [...]

Negative equity: Part 2, the laches defense

8 April, 2009 (09:55) | Legal, Local issues, Real estate taxes, Tenure, United Kingdom | No comments

[Continued from yesterday's Part 1.]
 
When we left our plucky, ‘attractively disheveled’ English couple, as profiled in a Daily Mail article, they were beset by a maintenance bill for the chancel of St. John the Baptist in Aston Cantlow, assessed by the local PCC, based upon a glebe claim that came as a complete surprise to [...]

Negative equity: Part 1, glebe land

7 April, 2009 (10:18) | Legal, Local issues, Real estate taxes, Tenure, United Kingdom | No comments

“Congratulations, you’ve inherited property.  That will cost you …”
 

 
Say what?
 
As I was flying from Boston to Stockholm via Heathrow, I chanced upon a Daily Mail article that opened up vistas of entertainment fodder:
 
Pay £500,000? God help us, say couple forced by a medieval law to foot the bill for church repairs
 
Be warned, however – the [...]