Thomas 🇪🇺🇸🇪🏴
17.1K posts

Thomas 🇪🇺🇸🇪🏴
@Londonfieldsboy
Digital marketer, cyclist (guilty of owning more than one bike), expat Swede, Londoner and reformed foodie.

Industry support for Labour on new leasehold flats Propertymark is backing Labour’s ban on the sale of new leasehold flats. #LeaseholdScandal #Trapped @naea_uk share.google/380aym7VmtvVZR…


It’s outrageous that a multibillion-pound industry ruthlessly monetising our homes refuses to make its case publicly, yet now poses as heroic public-interest campaigners in a bid to kill a key Labour manifesto promise to end leasehold. thetimes.com/business/econo…


The Housing, Communities and Local Government Committee surveyed 7,358 homeowners on the draft Commonhold and Leasehold Reform Bill and the findings are stark. Our full report will be published tomorrow. Watch this space. 1/6 🧵


Big Freehold has lost the debate. The freeholder lobby has no legitimacy and is resorting to astroturf campaigns to manufacture credibility in a desperate bid to thwart the will of the people. thetimes.com/business/econo…



52% are struggling to afford service charges. 39% cannot sell or remortgage due to high service charges. The scale of the problem is clear. 5/6 🧵

Let me trace the timeline here because nobody's connecting it. Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying. Step 2: Train a model on all of it. Call it "artificial intelligence." Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter." Step 3 is where you sell people's own knowledge back to them. On a meter. They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created. One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility." Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies. That's the metered intelligence business model. And they're pitching it to infrastructure investors as though they invented water.

More than a third of leaseholders can’t sell or remortgage due to high service charges. This is a miss-selling scandal the likes of which we have never seen before.

@paulg Hitler was also left, just a different type of left. Hardcore socialist.










