- Who’s gentrifying Deptford? 15 development schemes and the investors behind them https://corporatewatch.org/whos-gentrifying-deptford-15-development-schemes-and-the-investors-behind-them/
- Who’s gentrifying Deptford? Identifying the profiteers, making strategies https://corporatewatch.org/whos-gentrifying-deptford-identifying-the-profiteers-making-strategies/
- Tidemill update: the trees come down, the battle for Deptford continues https://corporatewatch.org/tidemill-update-the-trees-come-down-the-battle-for-deptford-continues/
In #Australia, the #corporatist, #neoliberal elite, including seedy lobbyists like the #PropertyCouncil and #BusinessCouncil, as well as the #Murdoch #MSM love #gentrification because it means #populationGrowth - higher property prices, lower wages, more retail sales and higher ad revenue on the #realestate pages.
Its recking havoc on #builtHeritage + total #carbonFootprint. Since 2003 we'd have reduced our total electricity consumption by 40%!
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What's worse - today's #highrise is tomorrows #urbanSprawl!
Finally, we must touch on the shoddy #construction standards, due to #deregulation.
Recently #FourCorners (on national broadcaster, #ABC) did a great exposé on the #apartment disaster stories. It was not complete and 5 years late, but they deserve some credit for finally addressing it in some detail.
Link to the episode:
https://www.abc.net.au/4corners/cracking-up/11428900
@corporatewatch
Good to see a watchdog here that talks about the scurge of #gentrification and #overdevelopment. We have been under similar strains in #Australia for about 15 years.
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