Tag: rich

Mipim property fair only benefits the rich – Collective statement

This Wednesday the Mipim property fair returns to London, celebrating a housing system that puts an obsession with profit over people’s right to a decent home. By promoting this unsustainable approach to housing and land use, Mipim benefits the global rich whilst destroying our communities. Mipim brings global property development companies together with local authorities and other “partners wanting to close deals”, often selling public land and assets. Barnet council gave the West Hendon estate, worth an estimated £45m, to Barratt for just £5. This approach is being enabled by a government whose policies are exacerbating the housing crisis, as the Tories’ new housing bill shows. We condemn everything that Mipim stands for, and join communities and campaigners to say no to Mipim, yes to housing justice.