Posted by Peter Sault on December 17, 2002 at 05:43:10:
In Reply to: Re: Azimuths of the Parthenon posted by Per Corell on December 17, 2002 at 02:45:39:
Clearly you are not a businessman, Per.
The reason why houses get more expensive as the construction gets cheaper and shoddier is GREED.
In Britain the construction companies hoard building land the same way de Beers hoards diamonds. They only let a little out at a time, trickling it in order to force up the market price of new properties. They are also protected by having a cartel with the building societies that finance mortgages for house purchasers. When a building society has to repossess a house because a purchaser has defaulted on a mortgage, the building society sells that house for 30% of its market value, but only to an 'approved' construction company. An 'approved' construction company is one that has the same directors as the building society. What this means is that houses are currently being sold at 333% of their true value - the 'market value' being artificially inflated by the building societies and the construction companies.
Construction is big business. The construction companies are hand-in-glove with the government and the City of London. (The City of London is the real government of Britain, having more power than the Queen, both Houses of Parliament, Whitehall and the Army put together).
Now you know who you are working for.
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