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whereas the main cause of this crisis is the limited supply of housing stock, both private and public, resulting from insufficient construction and underinvestment over the past number of decade
whereas speeding up land transformation and management processes is crucial to ensure the availability of land for final construction; whereas the current complexity and length of urban planning procedures, which often take over a decade, hinder the development of new housing supply
whereas housing is subject to an excessive tax burden, with the marginal effective tax rate11 on owner-occupied housing accounting for up to 30 % in some of the Member States
whereas EU citizens have a right to property, as laid out in the EU Charter ofFundamental Rights; whereas 69.2 % of EU households were owner-occupiers in202315, reflecting the importance of property ownership as a driver of stability; whereas disrespect for property affects communities and especially small property owners;
whereas there is an ongoing housing crisis in Europe that affects mainly low- and middle-income households25; whereas the loss of purchasing power within low- and middle-income households negatively affects the possibility of their acquiring or renting affordable housing
Expresses concern about the housing crisis affecting the EU, in particular its impact on young people and low- and middle-income families; is concerned about the challenges that young people face in leaving their family home and making personal choices that influence their family lives;
Recalls that EU citizens have the right to own, use, dispose of and inherit lawfullyacquired possessions; calls for coordinated policies at EU level to prevent and address all forms of illegal housing occupation, as a key element for ensuring legal certainty, economic stability and security; calls for the establishment of a European register of illegal occupation to support cooperation, data collection and information-sharing between the Member States and to identify patterns of criminally-linked occupation; considers it essential to uphold the right to property and combat illegal occupation, ensuring effective and swift legal mechanisms for the recovery of property;
whereas real estate investments guarantee the right to property, as laid out in the EU Charter of Fundamental Rights, and provide a source of additional income for pensioners and families who have invested their hard-earned savings;
¿Se acuerdan del speech de la ínclita Úrsula von der Leyer el 10 de septiembre en el Parlamento Europeo durante el debate del estado de la unión sobre el problema de la vivienda? Lo puse aquí:https://www.transicionestructural.net/index.php?topic=2628.msg248854#msg248854Necesitamos replantearnos radicalmente nuestra forma de encarar este problema.Pues olvidenlo; todo es MENTIRA.Ha salido una propuesta llamada "Special Committee on the Housing Crisis in the European Unión" que se pasa por el forro lo de "replantearse radicalmente nuestra forma de encarar este problema".Special Committee on the Housing Crisis in the European Unión15.9.2025https://www.europarl.europa.eu/doceo/document/HOUS-PR-772037_EN.pdfEl escrito es más de lo mismo. Lo podía haber escrito un redactor de cualquier medio pisitófilo porque dicen lo mismo que leemos todos los días en la prensa pisitófila. Por cierto, lo ha escrito un español que pertenece al mismo grupo parlamentario de Úrsula ¿Qué le pasa a esta gente? ¿Se ponen de acuerdo para que la presidenta diga una cosa y los parlamentarios otra, o que Úrsula no tiene ningún control sobre su grupo, o que su grupo se pasa por el forro todo lo que ella dice y Úrsula todavía no se ha enterado?Solo unos extractos (no lo pongo entero porque lo que dicen es lo mismo que llevamos oyendo los últimos años)Citarwhereas the main cause of this crisis is the limited supply of housing stock, both private and public, resulting from insufficient construction and underinvestment over the past number of decade(ni una palabra de la Sareb, los congeladores inmobiliarios, la acaparación de viviendas por una parte de la sociedad, los fondos de inversión domiciliados en Luxemburgo a los que vendieron VPOs para ponerlas a precio de mercao, etc, etc. ahora resulta que el único problema de la vivienda es insufficient construction and underinvestment)Citarwhereas speeding up land transformation and management processes is crucial to ensure the availability of land for final construction; whereas the current complexity and length of urban planning procedures, which often take over a decade, hinder the development of new housing supplyPues de eso se han tratado los planning procedures de los últimos veinte años; de hinder the development of new housing supply. PERO SI ERAIS VOSOTROS MISMOS LOS QUE HABEIS ESTADO TODO ESTE TIEMPO hindering the development of new housing supplyCitarwhereas housing is subject to an excessive tax burden, with the marginal effective tax rate11 on owner-occupied housing accounting for up to 30 % in some of the Member StatesEl mantrita de los impuestos (¿y eso que tiene que ver con la housing supply?)PERO ATENCION CON ESTO:Citarwhereas EU citizens have a right to property, as laid out in the EU Charter ofFundamental Rights; whereas 69.2 % of EU households were owner-occupiers in202315, reflecting the importance of property ownership as a driver of stability; whereas disrespect for property affects communities and especially small property owners;¿y que tiene que ver la falta de respeto sobre la propiedad con el problema de la vivienda? ¿y a que falta de respeto se refiere? ¿y eso de los small property owners?Citarwhereas there is an ongoing housing crisis in Europe that affects mainly low- and middle-income households25; whereas the loss of purchasing power within low- and middle-income households negatively affects the possibility of their acquiring or renting affordable housingHay que subir el sueldo a los trabajadores porque con lo que ganan no les llega a pagar la private taxation de los small property owners a los que los demás ¿quienes? les disrespect sus properies.CitarExpresses concern about the housing crisis affecting the EU, in particular its impact on young people and low- and middle-income families; is concerned about the challenges that young people face in leaving their family home and making personal choices that influence their family lives;¿Pero no dijo Úrsula que el problema de la vivienda afectaba a todas las edades?CitarRecalls that EU citizens have the right to own, use, dispose of and inherit lawfullyacquired possessions; calls for coordinated policies at EU level to prevent and address all forms of illegal housing occupation, as a key element for ensuring legal certainty, economic stability and security; calls for the establishment of a European register of illegal occupation to support cooperation, data collection and information-sharing between the Member States and to identify patterns of criminally-linked occupation; considers it essential to uphold the right to property and combat illegal occupation, ensuring effective and swift legal mechanisms for the recovery of property;Y como no tenía que faltar la narrativa okupa (aquí se nota que el texto lo ha escrito un español siguiendo las directrices de su mafia politico-mediatica local), porque la histeria okupa solo se da en España. ¿Qué pinta en un documento a nivel europeo cuando la narrativa okupa solo es de consumo pisitófilo español? ¿Porqué no le cuentan a Úrsula la que liaron a aquella okupa estudiante marroquí en la Plaza Mayor de Madrid una familia de sinvergüenzas con el apoyo de la misma mafia politico-mediatica que está escribiendo este documento? Pero que caraduras, jetas y panda de brivones son los que están detrás de todo esto.Y ESTA ES LA GUINDA FINAL, EL SUMUN DE LA NARRATIVA PISITÓFILA:Citarwhereas real estate investments guarantee the right to property, as laid out in the EU Charter of Fundamental Rights, and provide a source of additional income for pensioners and families who have invested their hard-earned savings; A calzón quitado.Y no sigo con el documento porque es más de lo mismo, o lo de siempre:- Hay poca oferta (y siempre la habrá mientras se permita la especulación y las Sarebs y el acaparamiento y la private taxation con la excusa de los hard-earned savings). - Hay que dar ayuditas y hipotecas subencionadas a los jóvenes (¿con 35 años se es joven?) para que puedan pagar los pisitos a los que han invested their hard-earned savings.- Hay que subir los suelditos a los jovenes de 35 años, que no llegan a la private taxation pisitófila.- Falta financiación (eso siempre se ha solucionado con los fondos de inversión domiciliados en Luxemburgo) - Y por supuesto, la narrativa okupa que no falte.Y todo esto en un documento escrito por el grupo parlamentario al que pertenece la misma que dice: Necesitamos replantearnos radicalmente nuestra forma de encarar este problema.Ursula, eres una EMBUSTERA.no vais a replantear nada
Stablecoins face a choice: fraud, or friendsCryptocurrency peddlers have long had friends in low places. Taking digital currency mainstream might mean ditching them. Take Circle Internet Group CRCL, the issuer of USDC, a dollar-pegged token known as a stablecoin. It’s mulling a plan to make transactions reversible in order to fight fraud, the Financial Times reported on Thursday. Such safeguards run counter to the anarchic digital ethos, an uneasy tension that will increasingly need to be resolved.Circle’s initial public offering in June was a hit, its shares soaring 168% on its debut day of trading. Rival and number-one stablecoin issuer Tether is seeking fundraising at an eye-popping valuation of $500 billion, Bloomberg reported. Both are riding a wave of enthusiasm that the technology could displace everything from wire transfers to card payment networks. Analysts at Citi foresee stablecoins reaching $4 trillion in assets by 2030.Thomson ReutersInvestors expect more-than-stable growth from CircleGetting there requires convincing mainstream pillars of the economy – that is, big retailers like Walmart – to speed adoption. In turn, that requires basic creature comforts, like being able to refund dodgy transactions. It’s more controversial than it sounds: the finality of crypto transfers is the bedrock of the decentralized ethos driving initial adoption. Even BlackRock chief Larry Fink described bitcoin as a “currency of fear,” appealing to those scared of overbearing, centralized control or instability.Such opacity also makes crypto a favorite of criminals. Losses from cryptocurrency fraud reached $9.3 billion in 2024, according to the Federal Bureau of Investigation, up 66% year-over-year. Circle’s pitch has always been about tidying this up. Unlike Tether, it complies with the recent U.S. crypto legislation known as the Genius Act. Appealing to authority makes sense: for the average consumer, dollar-pegged tokens offer few advantages over low-cost debit cards. For retailers, though, they could allow direct payment processing, bypassing the fees of traditional networks run by Visa V or Mastercard MA.Granted, Circle’s under-development new blockchain – the ledger on which USDC transfers are inscribed – will still be final and irreversible, the company says. A white paper released earlier this year explains how smart contracts could enable refunds while keeping everything mostly decentralized. Yet there are constant tweaks here that push closer and closer to stablecoins just being another part of traditional finance, layering on elements of corporate control. Given Circle’s valuation multiple stands at a mighty 176 times trailing earnings, that’s probably smart: investors are banking on growth that will be difficult to feed otherwise. It will be an uneasy departure, though, from the anarchic hype that gave the industry its start.Follow Stephen Gandel on LinkedIn and X.CONTEXT NEWSThe Financial Times reported on September 25 that Circle Internet Group is considering enabling "reversible transactions" that will allow users to receive refunds in cases of fraud.Citigroup in a September 24 report predicted that stablecoins like Circle's dollar-pegged USDC could grow to $4 trillion in assets by 2030, supporting $100 trillion in annual transactions.
Euro’s rally has further to run, Wall Street banks predictHedging against the US dollar will soon drive the single currency through $1.20, analysts sayFalling US interest rates could fuel a further round of euro appreciation, say currency strategists © Zerbor/Dreamstime Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/5b179bb6-684a-48d1-abac-a25aacb12a49 The euro’s biggest rally since 2017 has further to run, Wall Street banks are predicting, as a broad shift by global investors to hedge their US dollar exposure suggests the single currency will soon be driven above $1.20.The euro has strengthened more than 12 per cent against the greenback already this year, as a mixture of renewed optimism about Eurozone growth and fears over US President Donald Trump’s agenda has created what European Central Bank chief Christine Lagarde called a “global euro moment”. It hit a four-year high above $1.19 earlier this month.Big investment banks, including Goldman Sachs, JPMorgan and UBS, think the euro, which has since fallen back a little to $1.17, will cross the $1.20 threshold in the coming months as the US Federal Reserve continues to cut interest rates, reducing some of the benefit from holding dollar assets. A significant factor for the euro’s move higher has been a rush by investors to hedge their dollar exposure, through contracts that in effect are a bet on the euro against the dollar.We had “just seen the tip of the iceberg” of global investors hedging their dollar exposure, said Peter Schaffrik, global macro strategist at RBC Capital Markets.“That’s at the helm of the dollar weakness we’ve seen, and there’s more to come,” he added.In particular, big pension funds in some countries are lifting their dollar hedging levels from a low base, analysts observe. Goldman Sachs expects the euro to hit $1.25 within the next 12 months. JPMorgan expects it to reach as high as $1.22 by March. UBS Investment Bank expects $1.23 before the end of this year.On average, investment bank forecasters expect the single currency to breach the $1.20 level in the third quarter of next year, according to estimates collated by Bloomberg. This would pile pain on the region’s exporters and also test the ECB’s comfort with the appreciation of the currency.The cost to European investors of hedging their dollar exposure is tied to US interest rates, which are expected to come down over the coming year, closing some of the gap with the ECB’s policy rate. Foreign exchange experts expect this to feed another burst of dollar hedging.“As that interest rate differential closes . . . [hedging] potentially becomes more palatable to put in place,” said Jackie Bowie, head of the Europe, Middle East and Africa region at advisory firm Chatham Financial.Europe’s exporters have already sounded the alarm over the hit to their profits from a strong euro and have warned that a prolonged rally would weigh on them more heavily.The euro breaking above $1.20 would also raise questions for the ECB as to whether it should countenance cutting rates to restrain the currency, given the potential for downward pressure on inflation from euro strength.The $1.20 level was still a “line in the sand” for ECB policymakers, said Tomasz Wieladek, chief European macro strategist at T Rowe Price. ECB rate-setter Luis de Guindos said in July that an exchange rate beyond that level would be “much more complicated”. But Dominic Bunning, head of G10 FX strategy at Nomura, said a slow grind higher in the exchange rate would be of less concern to policymakers, given that it could help offset inflationary pressures stemming from a rise in economic demand.A bigger concern would be “if the euro was rising rapidly at a time when domestic demand was weakening, and therefore currency strength was exacerbating disinflationary tendencies”, Bunning added.Some banks are pushing in the other direction: Citi sees euro-dollar hitting $1.10 over the next six to 12 months “on signs for a potential US reacceleration”.Over the long term, others point to a broader diversification away from dollar assets, which could be expected to benefit the euro. Central banks intend to increase their euro allocations over the next couple of years, according to a survey published in June by think-tank OMFIF.“Euro appreciation is a structural story, as reserve currency managers begin to pivot out of the US and the Fed cuts rates,” said Wieladek.
Las donaciones en vida se disparan por la crisis de vivienda: más de 2.000 casas al mesEn lo que va de año las donaciones de viviendas han aumentado un 10,5% respecto al mismo periodo del año pasado, cuando ya crecieron casi un 5%La falta de oferta de viviendas y, por consiguiente, los elevados precios en el mercado inmobiliario, es la barrera con la que se topan cada vez más jóvenes. El porcentaje de personas que se independizan y viven en una casa en propiedad antes de los 30 años está en mínimos históricos. En la actualidad, según datos del Instituto Nacional de Estadística (INE), sólo uno de cada cuatro (27%) logra acceder a una casa en propiedad antes de los 29.Sin embargo, el régimen de vivienda en propiedad aumenta hasta el 53% en la población de entre 30 y 44 años, alcanza el 76% entre las personas de entre 45 y 64 años, y roza el 90% cuando la edad se eleva hasta los 65 o más años. Esta situación ha ido retrasando la edad de emancipación de los jóvenes, que ya supera los 30 años en España, frente a los 26,2 años de la media de la Unión Europea.De hecho, mientras que el promedio de los Estados miembros se mantiene en la misma situación que en el boom inmobiliario, en España se ha retrasado casi dos años. Con estas cifras y la situación que las provoca, no es de extrañar la tendencia al alza que mantienen las donaciones de viviendas en España. En los primeros siete meses del año, hasta donde hay datos disponibles, han aumentado un 10,5% respecto al año pasado, tras incrementarse ya un 4,9% en el mismo periodo de 2024. A lo largo de este año se han donado una media de 2.087 casas al mes, una cifra no vista desde los peores momentos de la pandemia, cuando las familias recurrieron a esta fórmula por el efecto que ocasionó la crisis sanitaria y el miedo al endurecimiento de la tributación. Entre enero y julio de 2021 se alcanzó un máximo de 14.949 donaciones de viviendas, un nivel que en el mismo periodo de este año ha estado cerca de superarse, con 14.607 transacciones acumuladas.Las donaciones de viviendas empezaron a crecer con fuerza de nuevo en el segundo semestre del año pasado, lo que hizo que el 2024 acabara con algo más de 23.000 transacciones, un 17% más que en 2023. Este año, salvo sorpresas y en base a los datos de los primeros siete meses, se superará ese nivel. En 2021, año en que estas operaciones se dispararon un 26%, se alcanzaron las 25.304. Antes de eso, hay que remontarse hasta 2008 para encontrar un volumen de donaciones similar. También las herencias están en máximosLa estadística del INE sobre transmisiones de viviendas inscritas en los Registros de la Propiedad también refleja un incremento de las herencias. Tras superar en 2024 las 201.000, en los primeros siete meses de este año han registrado un crecimiento del 6,1%, lo que podría provocar que en diciembre se marque un nuevo récord. El anterior se produjo en 2021, cuando las herencias de viviendas aumentaron un 31% por los fallecimientos que provocó la pandemia.Asimismo, las transacciones en el mercado inmobiliario están ya en niveles de la burbuja, con los precios en máximos, un 19% por encima de los de 2007. Entre enero y julio se registraron 422.263 compraventas, de las que un 93% eran del mercado libre y sólo el 6,8% restante estaban protegidas. La construcción de vivienda protegida registró una caída tras la crisis de 2008 que, pese a los avances, aún no se ha superado: se califican una cuarta parte de las que se calificaban entonces. También se registran más operaciones en el mercado de segunda mano que en la obra nueva, que avanza a menor ritmo. Según los datos de compraventas que publica mensualmente el Instituto Nacional de Estadística, las viviendas nuevas representan sólo un 22% de todas las casas vendidas en lo que va de año (93.064 hasta julio de las 422.263), mientras que el 78% restante corresponden al mercado de segunda mano (329.199). El Banco de España ha cifrado recientemente en 700.000 las viviendas que sería necesario construir para cubrir toda la demanda residencial. Sin ese empujón en la vivienda nueva, la subida de precios en el mercado inmobiliario parece imparable. En el segundo trimestre los precios habían subido casi un 13% respecto al año anterior, el mayor incremento anual en 18 años, que se suma al encarecimiento acumulado que registra la vivienda desde finales de 2021.https://www.vozpopuli.com/economia/las-donaciones-en-vida-se-disparan-por-la-crisis-de-vivienda-mas-de-2000-casas-al-mes.html
Pete Hegseth’s sudden military summit stirs concern and speculationUS defence secretary calls top brass to Virginia for highly unusual meetingUS defence secretary Pete Hegseth will be addressing his senior military leaders early next week, according to the Pentagon © APUS defence secretary Pete Hegseth has sparked widespread concern among defence experts and military officers with an abrupt decision to summon hundreds of generals and admirals to Virginia next week.The highly unusual meeting has been shrouded in mystery and intrigue given the invitees are unclear of the agenda.It has also prompted alarm over the risks to active operations and the military’s ability to respond to any attacks that come with calling so many senior officers away from their commands simultaneously.Hundreds of general and flag officers — generals and admirals with one to four stars — have been ordered to assemble in Virginia, along with their top enlisted advisers, according to a US defence official. There were 838 active duty general and flag officers — including 446 of the higher-ranking two-, three- and four-stars — as of June, according to the Pentagon, though the exact number called for Hegseth’s meeting was unclear.Hegseth “will be addressing his senior military leaders early next week”, said chief Pentagon spokesperson Sean Parnell. The Pentagon did not give any more details about the meeting, which was first reported by the Washington Post.A congressional aide said: “We understand this will be like a pep rally to talk culture.”“I’m hearing it’s a flex by [Hegseth], showing he can call them all to heel,” said Kori Schake, a former director for defence strategy on the National Security Council, now at the American Enterprise Institute.“Since it’s all commanders and their sergeants major, it’s likelier about the secretary’s obsession with a warrior ethos and grooming standards” than strategy, she added.Other theories for its purpose range from the unveiling of the highly anticipated national defence strategy, to a demand for loyalty to President Donald Trump or a purge of the military’s top ranks, according to former defence officials.After lawmakers on Capitol Hill asked for details about the September 30 meeting, the Pentagon wrote to Congress to say Hegseth “will use this engagement to provide DoD’s most senior service members his intent for the department”, according to the congressional aide.He also intends to give the gathered officers guidance about implementing equal opportunity reform, fitness standards and other topics. The Pentagon also told lawmakers the meeting would have no effect on current operations or disrupt the armed forces.Ben Hodges, the former commanding general of US Army Europe, wrote on X on Friday that in “July 1935 German generals were called to a surprise assembly in Berlin and informed that their previous oath to the Weimar constitution was void and that they would be required to swear a personal oath to the Führer. Most generals took the new oath to keep their positions.”A couple of hours later, Hegseth responded: “cool story, general”.The meeting was “reckless” and “obviously extremely dramatic”, said Michael O’Hanlon, a defence strategy expert at the Brookings Institution think-tank who served on the Pentagon’s defence policy board.Mark Cancian, a former Pentagon official now at the Center for Strategic and International Studies think-tank, said: “I think a big thing is that [Hegseth] is going to exhort his senior officers . . . tell them that he expects loyalty” and for “them to carry out the president’s programme, without dissension and that if they can’t do that, they should retire.”Such a meeting would “be very uncomfortable for the senior officers, because on the one hand, they swore an oath to the constitution [and] on the other hand, they are under the command” of the president, Cancian added.The meeting comes after Hegseth in May ordered a 20 per cent reduction in four-star generals and a 10 per cent cut in all general and flag officers.The Trump administration has also fired 14 top military officers during the president’s second term as part of a wider national security purge.Hegseth has sacked the chairman of the joint chiefs of staff, General CQ Brown, chief of naval operations Admiral Lisa Franchetti and coastguard commandant Admiral Linda Fagan.The administration also fired General Timothy Haugh, the National Security Agency director, and his deputy, along with Defense Intelligence Agency director Lieutenant General Jeffrey Kruse.The gathering was “jeopardising the potential for proper command and control when you have no idea if a crisis will erupt, and now our potential adversaries have five days to plan whatever shenanigans they may want to attempt”, said O’Hanlon, though he was not predicting an attack would occur.As for the meeting itself, “it seems like theatre more than anything else”, he added.US vice-president JD Vance dismissed the hype over the meeting on Thursday, saying, “It’s not particularly unusual that generals . . . are coming to speak with” Hegseth. Next to him, Trump wondered, “is it a big story?”While combatant commanders come to Washington twice a year, this particular meeting was “very unusual”, said Cancian. The size, limited preparation time and lack of set agenda made it “unprecedented”.The meeting could be about the national defence strategy, which is widely expected to be released soon and to shift the priority to the homeland and western hemisphere and away from China and Russia. Hegseth could also talk about organisational changes such as combining the European and Africa commands.One former defence official said pulling so many senior officers away from their duties highlighted a “growing frustration” among the military’s senior leaders that “red tape and inefficiency is getting worse”, despite the administration’s goal to slash bureaucracy.
Cita de: senslev en Septiembre 25, 2025, 18:19:27 pmhttps://www.elespanol.com/omicrono/tecnologia/20250925/dentro-casa-prefabricada-samsung-va-traer-europa-modular-equipada-confortable/1003743936585_0.htmlSi da igual. Los costes de construcción hace tiempo que se desligaron del precio de la vivienda. Tiene más que ver con la private taxation exigida por los jugadores.Por mucho que los coreanos vengan a vender construcciones baratas (si no les corren antes a gorrazos), las Clases Medias Extractivas no van a permitir jamás de los jamases que esas casas se vendan por debajo del precio que ellos esperan de "lo suyo". Cosas del mercao y de la ley-de-por-mis-guevos-toreros.
https://www.elespanol.com/omicrono/tecnologia/20250925/dentro-casa-prefabricada-samsung-va-traer-europa-modular-equipada-confortable/1003743936585_0.html