Now can no longer afford to rent or buy homes in their cities and why these cities appear to be emptying of people certainly at night. Yeah well we are in a new world i would say. There is a new housing landscape and whats happened really its since the Global Financial crisis the big financial actors have moved into Residential Real Estate and have really started to buy up properties especially properties that are affordable where everyday people are living in you know paying their rent theyre buying those up theyre renovating them modestly and then theyre jacking up their rents and people are being forced out there either being a dick did because they cant afford to pay the rent anymore or theyre self the victim because they know they wont be able to pay their rent anymore and once out of an affordable unit theres nowhere else to go there are no other affordable units and so theyre being pushed out of their communities now with one private Equity Company and i know you appeared to bel
A dick did because they cant afford to pay the rent anymore or theyre self the victim because they know they wont be able to pay their rent anymore and once out of an affordable unit theres nowhere else to go there are no other affordable units and so theyre being pushed out of their communities now with one private Equity Company and i know you appeared to believe that private Equity Companies and hedge funds a big beneficiaries from the 2008 financial crash how has that related to the house as in crisis itself you have blackstone representative Jonathan Gray himself saying that they need it a crisis that really you know affected so many families and households across the u. S. And the world in order for them to benefit and profit so if this is a story about using human misery really to accumulate wealth what happened was after the crisis in 08 basically blackstone mood. Dan after a few years after developing the Necessary Technology moved in and bought up what was at that time cheap
Leader xijinping on the phone, a good precursor for next weeks 620 summit injapan. And the markets are open and, as you can see, they are looking flat. And well be getting the inside track on clean cosmetics. We care about what we eat, but what about the stuff we put on ourface . We will find up about the make up dos and donts. And did you watch the bbc Leadership Debate last night . We would like to know, what did you make of the candidates . Are you confident one of them could steer the uk economy and the uk out of europe . Get in touch, use the hashtag bbc biz live. Hello and welcome to business live. We start with global trade tensions and geo political uncertainty. Its playing on the minds of the worlds top central bankers this week. The most important the Us Central Bank will tell us later today if it plans to cut the cost of borrowing to shelter its economy from the fallout. This week, the us Federal Reserve, bank ofjapan and bank of england all tell us the direction of rates. W
Time after time were going underground as the u. N. Human Rights Council convenes to hear a report in the u. K. Racism and xenophobia fuelled by conservative liberal democrats will stare at a coming up on the show will a predicted postbreakfast house price crash and to the age of property speculation the un special rapporteur on the right to housing they learn a foreign explains why you cant afford a home of your own and is no experience really required we investigate whether tory government outsourcing and incompetence is promoting sex trafficking and slavery in 21st century britain plus within days of the shed your old one and a half 1000 for us execution since its 1976 really is ation the artist on death row who created after to prevent the color being taken from his mind all the small coming up in todays going on to grab a 1st while a fraction of a percent of british electors choose who will be britains next Prime Minister it is arguably important to remember the warnings join the
Two hours. [background noises] [background noises] good morning the Senate Special committee will come to order welcome everybody. Welcome to the committees eighth hearing of the one her 18th congress about Drug Development for rare and serious diseases. As is the tradition of the committee, the aging Committee Ranking member, Ranking Member brought in this case will offer an opening statement. Thank you, senator. Thank the witnesses for coming and for all of the folks from around the country here today. There are over 7000 rare progressive and serious diseases known to man. It is estimated 95 black treatment. Yet in my time et cetera there is not been one Senate Hearing to examine promising therapies for people with rare progressive and serious diseases. The room is packed with people, patients and caregivers that live in this reality every single day. Right here, 350 patient stories from 44 states. This is long overdue. People that watch their bodies deteriorate in real time. Family