Linkage

High-priced houses do not create wealth; they redistribute it. And it’s meaningless because we can’t use the wealth to buy anything else – a yacht or a fast car. We can only buy other expensive houses: sell your house and you have to buy another one, cheaper if you’re downsizing, more expensive if you’re still growing a family. At the end of your life, your children get to use your housing wealth for their own housing, except that we’re all living so much longer these days it’s usually too late to be useful. And much of this housing wealth is concentrated in Sydney, where the median house value is $1.1m, double that of Perth and regional Australia.

It’s destructive because of the inequality that results: with so much wealth concentrated in the home, it stays with those who already own a house and within their families. For someone with little or no family housing equity behind them, it’s virtually impossible to break out of the cycle and build new wealth.

It will be impossible to return the price of housing to something less destructive – preferably to what it was when my parents and I bought our first houses – without purging the idea that housing is a means to create wealth as opposed to simply a place to live.

Oh, FFS! Currency issuing governments do not — and as a matter of brute accountancy can not — "pay for" anything through tax revenue!

New Zealand’s new government will scrap the country’s world-leading law to ban smoking for future generations to help pay for tax cuts – a move that public health officials believe will cost thousands of lives and be “catastrophic” for Māori communities.

In 2022 the country passed pioneering legislation which introduced a steadily rising smoking age to stop those born after January 2009 from ever being able to legally buy cigarettes. The law was designed to prevent thousands of smoking-related deaths and save the health system billions of dollars.

The legislation, which is thought have inspired a plan in the UK to phase out smoking for future generations, contained a slew of other measures to make smoking less affordable and accessible. It included dramatically reducing the legal amount of nicotine in tobacco products, allowing their sale only through special tobacco stores, and slashing the number of stores legally allowed to sell cigarettes from 6,000 to just 600 nationwide.

Think of every enshittification as being preceded by an argument. Some people say, “We should extract this surplus: it will make our bosses happy, make our shareholders richer, and increase our bonuses.”

When the people on the other side of that argument said, “If we do what you suggest, it will be make our product worse and it will cost us more money than it will make us,” they tend to win the argument.

When all they can say is, “Yes, this will make us more money, but it will make the product worse,” they forever lose the argument.

The elimination of competition – and the ensu­ing capture of regulation – removed the discipline imposed by the fear of customers defecting as the product degraded. The harder it is for users to leave a service, the easier it is for the factions within a company to best their rivals in the debate over whether they should be allowed to make the service worse.

That’s what changed. That’s what’s different. Tech didn’t get worse because techies got worse. Tech got worse because the condition of the ex­ternal world made it easier for the worst techies to win arguments.

As the number of homeless people rises, there are mounting calls for empty buildings around Halifax to be repurposed for affordable housing.

The Heritage Trust of Nova Scotia added its voice this week, with a statement calling Halifax Regional Municipality "negligent" for leaving the old Halifax Memorial Library on Spring Garden Road empty for nearly a decade.

[…] 

An untold number of other Nova Scotians are also looking at empty buildings as potential housing.

For the past two years, people have been dropping virtual pins on a provincial map to create a crowdsourced database called This Should Be Housing. Each pin represents an empty building or piece of land that the contributor thinks should be housing. 

Most of the pins are in Halifax. Some of the properties are publicly owned and some are owned privately.

As The Grayzone documented at the time, the ICC charges were based on a Yale HRL report which is rife with contradictions, plot holes, and the fairly significant conflict of interest of being funded by the US State Department. The report itself acknowledges that it found “no documentation of child mistreatment,” and that nearly all of the children were returned to their families in a timely manner.

But even if these points were all false and Vladimir Putin did just illegally kidnap six thousand Ukrainian kids to turn them into Russians, would that be worse than murdering them by dropping powerful military explosives on areas known to be packed full of children? Why is one a war crime and the other apparently fine? Russia is no more a party to the ICC’s Rome Statute than Israel is, after all.

The resurgence of reactionary politics is entirely predictable and has been traced for a long time. Yet every victory or rise is analysed as new and unexpected rather than part of a longer, wider process in which we are all implicated.

The same goes for “populism”. All serious research on the matter points to the populist nature of these parties being secondary at best, compared to their far-right qualities. Yet, whether in the media or academia, populism is generally used carelessly as a key defining feature.

Using “populist” instead of more accurate but also stigmatising terms such as “far-right” or “racist” acts as a key legitimiser of far-right politics. It lends these parties and politicians a veneer of democratic support through the etymological link to the people and erases their deeply elitist nature – what my co-author Aaron Winter and I have termed “reactionary democracy”.

What this points to is that the processes of mainstreaming and normalisation of far-right politics have much to do with the mainstream itself, if not more than with the far right. Indeed, there can be no mainstreaming without the mainstream accepting such ideas in its fold. 

Deanna Steele says she has never seen as many condo and vacation homes for sale in Kelowna, B.C. as she has this month.

The founder of Keys to Kelowna Properties Inc., a luxury vacation rental management agency, said the lake-front city's real estate market is "saturated'' by properties zoned for short-term rental use. Some of the sellers are people who bought not that long ago and are already trying to get out.

"They thought they were going to make a mint because they saw what was happening in the gold rush. And now they're realizing, 'Oh, big mistake,'" said Steele.

That gold rush — investing in short-term rentals in Kelowna and many other Canadian cities — could potentially slow to a trickle in the wake of new legislation to regulate short-term rentals introduced by the B.C. government in mid-October.

The timeline around a stable channel rollout is worded kind of strangely. The company says: "We expect it will take at least a month to observe and stabilize the changes in pre-stable before expanding the rollout to stable channel Chrome, where it will also gradually roll out over time. The exact timing may vary depending on the data collected, and during this time, we will keep you informed about our progress." It's unclear what "data" Google is concerned with. It's not the end of the world if an extension crashes—it turns off and stops working until the user reboots the extension. Maybe the company is concerned about how many people Google "Firefox" once their ad-blocker stops working.

[…] 

Google's sales pitch for Manifest V3 is that, by limiting extensions, the browser can be lighter on resources, and Google can protect your privacy from extension developers. With more limited tools, you'll be more exposed to the rest of the Internet, though, and a big part of the privacy-invasive Internet is Google. The Electronic Frontier Foundation called Google's description of Manifest V3 "Deceitful and Threatening" and said that it's "doubtful Mv3 will do much for security."

Tucked away many paragraphs into this report is a sentence which is getting a lot of attention on social media today saying that according to Politico’s sources there has been some resistance to the pause in fighting within the administration due to fears that it will allow journalists into Gaza to report on the devastation Israel has inflicted upon the enclave.

“And there was some concern in the administration about an unintended consequence of the pause: that it would allow journalists broader access to Gaza and the opportunity to further illuminate the devastation there and turn public opinion on Israel,” Politico reports.

In other words, the White House is worried that a brief pause in the Israeli massacre of civilians in Gaza will allow journalists to report the truth about the Israeli massacre of civilians in Gaza, because it will hurt the information interests of the US and Israel. They are worried that the public will become more aware of facts and truth.

Needless to say, if you’re standing on the right side of history you’re not typically worried about journalists reporting true facts about current events and thereby damaging public support for your agendas.

Someone uploaded one of those viral “help identify this racist jerk” clips featuring a man accosting a street vendor with awful Islamophobic vitriol, and it turned out he was the former US State Department Deputy Director in the Office of Israel and Palestinian Affairs.

It sounds made up, but that’s exactly what just happened; Vice has a whole article out about it. The video was uploaded today, and within hours the man was identified as Stuart Seldowitz, who helped direct US diplomacy on Israel-Palestine from 1999 to 2003 and then served on the Obama administration’s National Security Council.