Reviews of Habibi Funk 031, Kayatibu, and The Good Ones
Billions in profit, millions in need
GLYN ROBBINS recommends an exposé of how speculative property investment is destroying access to public-sector housing
The Property Lobby: The Hidden Reality Behind the Housing Crisis
by Bob Colenutt
Policy Press, £13.59
IN 1975, Bob Colenutt and the late Peter Ambrose — a staunch ally of the Defend Council Housing campaign — wrote a brilliant little book, The Property Machine. It was one of the first attempts to describe the dynamics of the corporate development industry, a subject that remains shrouded in commercial confidentiality and PR spin.
In the 45 years since, that machine has become a monster, dominating the economies and urban landscapes of global capitalism. But the forces that have allowed speculative property investment to steam-roller working-class communities around the world are still not widely understood.
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