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Things Katy is reading.

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in Vice  

A Jeff Bezos-backed real estate investing startup is launching a new fund to make it even easier for everyday Americans to speculate on the rental homes of other everyday Americans.

Arrived, which first launched in 2021, snatches up single-family homes and turns them into rental properties that anyone can invest in for as little as $100. Until now, Arrived customers could only purchase shares of individual homes and receive dividends from the rental profits, effectively creating a distributed network of landlords.

Now, the company plans to allow customers to easily invest in a broad portfolio of its rental housing, further financializing the housing market for a growing consortium of fractional mini-landlords. The company’s newly launched “Single Family Residential Fund” lets investors put their money in a fund that invests in single-family homes across the company’s holdings, similar to a Real Estate Investment Trust. The fund also has a minimum $100 investment. 

In a webinar touting the new fund last week, the company explained it is betting on single-family home rentals because fewer people can afford to buy homes and more people are stuck renting.

in Oh the Urbanity!  

One of the most genuinely confusing phenomena over the past few years has been the conspiracy theories surrounding “15 minute cities” that have caused people to see things we advocate for — traffic calming, quality bike infrastructure, and public transit — as government control, overreach, and even tyranny.

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by Deborah Wood in The Guardian  

Instead of simmering in a stew of rage and resentment I began to wonder if that conferred invisibility could be harnessed. If I reframed it as a cloak of invisibility I could do all sorts of things “inappropriate” for my age.

I refrained from robbing a bank (though fairly sure I could have got away with the loot), instead turning my attention to street art.

My first guerrilla paste-up a decade or so ago was in a lane in Ballarat, Victoria. I was quite nervous and slightly fearful of being at least fined so I donned a hi-vis vest and put out semi-official public work signs and had a friend spotting for me. I needn’t have bothered – people went past me and simply did not see me.

in The Independent  

As the Labour leader faces a backlash for his praise of the former Tory prime minister, a leaked email shows he stopped Sam Tarry, then the party’s shadow minister for transport, from attacking her failed policies in 2021.

[…] 

Left-winger Mr Tarry had wanted to criticise her 1985 Transport Act, saying it “failed to deliver lower fares and better services across Greater Manchester”.

But when the comments were sent to Sir Keir’s office for approval, one of his top aides insisted the reference to Thatcher be taken out.

The leaked email said: “Can we take out the Thatcher stuff and instead criticise the current government?” 

An adviser to Mr Tarry pushed back on the suggested edit and replied: “Mr Burnham’s happy with it and she’s despised in the north, so it will play well with voters.”

But Sir Keir’s aide insisted the reference be removed to “focus on the current set of elections and criticise the current set of Tories”.

[…] 

A source familiar with the exchange said it was indicative of Labour’s refusal to criticise Ms Thatcher under Sir Keir’s leadership, adding that recent praise for her was “less of a surprise and more of a confirmation of the Labour leader’s admiration for the former prime minister”.

by Keir Starmer in The Telegraph (UK)  

Every moment of meaningful change in modern British politics begins with the realisation that politics must act in service of the British people, rather than dictating to them. Margaret Thatcher sought to drag Britain out of its stupor by setting loose our natural entrepreneurialism. Tony Blair reimagined a stale, outdated Labour Party into one that could seize the optimism of the late 90s. A century ago, Clement Attlee wrote that Labour must be a party of duty and patriotism, not abstract theory. To build a “New Jerusalem” meant first casting off the mind-forged manacles. That lesson is as true today as it was then.

It is in this sense of public service that Labour has changed dramatically in the last three years. The course of shock therapy we gave our party had one purpose: to ensure that we were once again rooted in the priorities, the concerns and the dreams of ordinary British people. To put country before party.

None of that was easy but it was necessary. Often, it meant taking the path of most resistance. It meant not just listening to those who felt unable to vote for us but understanding them and acting. The public do not have outlandish or unreasonable expectations. They expect taxpayer money to be spent wisely, our security and our borders to be prioritised and a politics that serves them rather than itself. On each of these, we are now ready to deliver.

in The Guardian  

Al Jaber spoke with [Mary] Robinson at a She Changes Climate event. Robinson said: “We’re in an absolute crisis that is hurting women and children more than anyone … and it’s because we have not yet committed to phasing out fossil fuel. That is the one decision that Cop28 can take and in many ways, because you’re head of Adnoc, you could actually take it with more credibility.”

Al Jaber said: “I accepted to come to this meeting to have a sober and mature conversation. I’m not in any way signing up to any discussion that is alarmist. There is no science out there, or no scenario out there, that says that the phase-out of fossil fuel is what’s going to achieve 1.5C.”

Robinson challenged him further, saying: “I read that your company is investing in a lot more fossil fuel in the future.” Al Jaber responded: “You’re reading your own media, which is biased and wrong. I am telling you I am the man in charge.”

Al Jaber then said: “Please help me, show me the roadmap for a phase-out of fossil fuel that will allow for sustainable socioeconomic development, unless you want to take the world back into caves.”

in Novara Media  
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Rashid Khalidi is the Edward Said Professor of Modern Arab Studies at Columbia University and the author of several books focussing on the Middle East including 'The Hundred Years' War On Palestine'. He explains some of the basic facts of the struggle for Palestinian independence and the creation of the Zionist project of Israel.

in The Guardian  

Writing in the Sunday Telegraph, the Labour leader said Thatcher had “set loose our natural entrepreneurialism” during her time as prime minister.

“Across Britain, there are people who feel disillusioned, frustrated, angry, worried. Many of them have always voted Conservative but feel that their party has left them,” he said. “I understand that. I saw that with my own party and acted to fix it. But I also understand that many will still be uncertain about Labour. I ask them to take a look at us again.”

[…] 

Starmer said it was “in this sense of public service” that he had overseen a dramatic change in the Labour party – cutting its ties with former leader Jeremy Corbyn and removing the whip.

“The course of shock therapy we gave our party had one purpose: to ensure that we were once again rooted in the priorities, the concerns and the dreams of ordinary British people. To put country before party,” he said.

by Sean O’Hagan in The Guardian  

In 1988, in a motel room in Atlanta, Georgia, I sat down with Shane to do an interview on the last night of a week-long trip through the American south with the band. It was a Sunday evening as I recall, and Shane, who hated interviews, was for once in a sober and reflective mood. When I asked him about the mixture of tenderness and brutal realism that characterised his songs, he said: “People don’t understand what it takes to write a truthful song, a song that is trying to be pure and honest.” Though I pressed him to elucidate, that was all he would say on the matter.

For a time, some would say too short a time, Shane MacGowan wrote pure and honest songs like no one else. Last week, when I chatted with his friend and fellow songwriter Nick Cave, at a public event in St Martin-in-the-Fields in London, we began with a kind of impromptu tribute to Shane, who had died that morning. Nick spoke candidly about his “pure spirit”, as well as how envious he had once felt about Shane’s ability to cut to the heart of things in his songs, and the empathy he evinced for the outsiders and marginalised who inhabited them. He regarded Shane with obvious awe as “the songwriter of his generation”.

Though this is not the time to go into it too deeply, it would be remiss not to acknowledge that Shane’s lifestyle of dogged excess – and the darkness that sometimes descended in its wake, at considerable cost to himself and those in his sway – diminished his extraordinary talent. “You call it chaos,” he once admonished me, when I asked about his rapidly advancing state of dissolution. “I don’t regard it as chaos. I regard it as natural living.”