Re:PPCC: Pisitófilos Creditófagos. Otoño 2025

[senslev]

Expropiarles es lo que querrían. (El justiprecio, el juez.)

Construir en altura... o cavar en terrenos ya hexpropiados saldría mucho más barato. Y a muy corto, soluciones habitaciones del tipo residencia universitaria.

Una habitación con aseo y minicocina. Cama y mesa. Abajo, todo tipo de servicios. Menú del día, lavandería... hasta discoteca.

¿No es eso el tuputamadre living?

[sudden and sharp]

Expropiarles es lo que querrían. (El justiprecio, el juez.)

Construir en altura... o cavar en terrenos ya hexpropiados saldría mucho más barato. Y a muy corto, soluciones habitaciones del tipo residencia universitaria.

Una habitación con aseo y minicocina. Cama y mesa. Abajo, todo tipo de servicios. Menú del día, lavandería... hasta discoteca.

¿No es eso el tuputamadre living?

Sí. A corto, puede que sí. Pero los rockamboles se joden con sus terrenos baldíos. Es una guerra de desgaste. Y a largo, ya sería otra cosa. (Peak pagaimpuestosprivados.)

[Frommer]

Como guerra de desgaste creo que hay un bando que ya no puede aguantar mucho más, y no es el propietariado precisamente. Mas vale que vaya siendo sudden and sharp

[gregorsamesa]

Es muy fácil abroncar a Oquendo... y no rebatir uno solo de sus argumentos.
Esperando estoy a que el PSOE ponga en marcha el plan de liberalización del suelo (que propuso Aznar), que empiece la "colaboración público-privada" con constructoras y promotoras para levantar esas 200.000 viviendas que prometió hace 5 años, o que firme esos acuerdos con los fondos buitre, como ya hace en sanidad privada y concesiones de autopistas.

Edito para añadir: que si no lo hace el PSOE, lo hará el PP. Y entonces toda la hizquierda berdadera podrá salir a bramar CONTRA el -60% y la pérdida del complemento, que en definitiva, es lo único que gestionan ya los sindicatos de clase propietaria.

Los ad-hominem dicen más de quien los emite, que de quien los recibe.... Ya somos perros viejos y nos conocemos en estos foros 

[Derby]

https://www.ibtimes.co.uk/project-sunrise-trump-white-house-pitches-112bn-plan-rebuild-gaza-futuristic-ai-fueled-mega-city-1764456

Project Sunrise: Trump White House Pitches $112bn Plan to Rebuild Gaza as Futuristic AI-Fueled Mega City

$112B Gaza rebuild under Project Sunrise hits security, humanitarian hurdles


US President Donald Trump shares an AI-generated Gaza video.

The missing piece in understanding why the US is providing military and financial support to Israel has finally been revealed: Project Sunrise. Although still in the early proposal stage, the project envisions Gaza's ruins transformed into a futuristic, AI-driven 'Riviera of the Middle East'.

Led by US President Donald Trump's son-in-law, Jared Kushner, and a team including the Middle East envoy and two White House aides, Project Sunrise was outlined in a 32-page PowerPoint presentation. As reported by the Wall Street Journal, it replaces images of bombed-out Gaza with coastal high-rises, penthouses and a 'gleaming metropolis'.

Inside Trump Admin's 'Project Sunrise' for Gaza

Project Sunrise is estimated to cost £88.6 billion ($112.1 billion) over 10 years, with the US committed to £47.4 billion ($60 billion) in 'grants and debt guarantees'. The plan also involved input from Israeli officials, contractors and private-sector stakeholders. However, the team noted the figures will be revised 'about every two years' as the project progresses.

The plan has garnered significant support, with advocates arguing that realising Trump's vision for Gaza is preferable to allowing a 'humanitarian crisis' to fester. The project also acknowledges enormous challenges. Following two years of Israeli strikes, the area contains roughly 68 million tons of rubble and more than 10,000 bodies buried beneath. Clearing the area would require specialised protective suits, as the ground remains toxic and littered with unexploded ordnance.

The 32-slide presentation highlights what it calls the number one problem in bold red text: Hamas. The team argued that Hamas fighters remain on the ground and that reconstructing Gaza would require addressing this issue.

Kushner's team said the plan to begin resolving the issue could be implemented 'in as soon as two months'. 'You are not going to convince anyone to invest money in Gaza if they believe another war is going to happen in two, three years,' Secretary of State Marco Rubio said.

Reconstructuring Gaza: What Will Happen to Palestinians?

Besides Hamas, Project Sunrise faces another major challenge: it does not specify a plan for the more than 2 million displaced Palestinians, nor how companies and countries involved would contribute to rebuilding Gaza.

So far, donor countries include the wealthy Gulf kingdoms, Egypt and Turkey.

While the project has supporters, it also has sceptics. Some officials say it is unrealistic to expect Hamas to disarm, a first step necessary for the plan to proceed. They are also unconvinced that wealthy nations can fully fund the project, even though more than half of the cost is expected to come from the US. Critics argue the only way to make the plan viable is for Hamas to 'lay down its arms and turn the page on decades of conflict'.

The White House commented that Trump is closely monitoring Gaza. 'The Trump administration will continue to work diligently with our partners to sustain a lasting peace and lay the groundwork for a peaceful and prosperous Gaza,' a spokesperson said.

Once Hamas is disarmed, Project Sunrise would proceed along a 20+-year roadmap. This includes clearing destroyed buildings, including Hamas tunnels, and providing temporary shelters, hospitals and other essentials for Gaza's population. Construction would follow.

A 'New Rafah' would be built, envisioned as Gaza's version of the White House. It could house more than 500,000 residents and include over 75 medical facilities, along with 180 mosques and cultural centres.

Kushner has already met with donor countries to discuss the plan. With a background in commercial real estate, he aims to create the largest megacity yet once Project Sunrise begins.

https://en.ammonnews.net/article/87567

[Derby]

https://www.aa.com.tr/en/asia-pacific/china-housing-market-crisis-deepens-as-house-prices-fall-sharply/3775762#

China housing market crisis deepens as house prices fall sharply

Property downturn continues since Evergrande collapse nearly 5 years ago as developers struggle amid weak household confidence and low domestic consumption, expert says



China’s housing market crisis, a core pressure point for the world’s second-largest economy, is deepening as house prices continue to fall, weighing on construction activity and spilling over into related industries such as cement and steel.

The prolonged downturn has had broader economic consequences in China than in many other countries, given the sector’s central role in the country’s growth model, social structure, and financial stability.

At its peak in 2015, the housing sector accounted for nearly 30% of China’s gross domestic product (GDP), but that share has fallen to around 15% following years of contraction. While stabilizing the housing market is widely seen as key to reviving domestic consumption, Beijing has remained cautious about deploying large-scale stimulus measures.

In November, new home sales fell 0.4% month-on-month, while second-hand home sales declined 0.7% year-on-year. Concerns intensified after real estate developer China Vanke faced debt repayment problems, prompting ratings downgrades that highlighted the depth of stress across the sector.

Fitch Ratings downgraded Vanke’s long-term foreign and local currency issuer default ratings from “CCC-” to “C,” while also lowering the rating of its wholly owned subsidiary, Vanke Real Estate Hong Kong.

S&P Global Ratings similarly cut Vanke’s rating, citing expectations that the developer faces a substantial bond maturity wall over the next six months and heightened risks of forced restructuring.

The developments have added pressure on Beijing to support the broader economy, while also reviving fears that turbulence in the housing sector could intensify. Analysts say Vanke’s difficulties could eclipse earlier defaults by firms such as Evergrande and Country Garden.

The ongoing crisis continues to pose risks not only to real estate developers but to China’s wider economic outlook.

- ‘For years, indebted real estate firms have brought macroeconomic dangers’

Sadi Kaymaz, an Asian markets analyst, told Anadolu that the Chinese economy has two contrasting sides — one rising and one dark — with technological advances such as electric vehicles (EVs), solar energy, and batteries representing the growth side, while the real estate sector embodies the darker side.

“I call it the ‘dark side’ because it’s been a source of inefficiency for years now,” he said. “Over the past decade, it’s brought much financial risk.”

“Excessive construction and heavily indebted real estate companies have brought macroeconomic dangers with them for years now,” he added.

Kaymaz said the real estate sector continues to shrink as sales decline and profitability remains largely negative, leaving many residential developers burdened with heavy debt and unable to meet even interest payments.

“Vanke is just one of the dozens of firms that have reached this state, but the difference is scale and size,” he said. “Vanke was one of the country’s three largest residential constructors, headquartered in Shenzhen — one of China’s wealthiest cities — while partnered by the city’s metro operator.”

“Despite its debt burden, the market opinion was that of public support for many years; however, the Shenzhen government-owned institution suddenly demanded collateral in exchange for financial support, tightening its new credit limits, which sent shockwaves through the market and completely changed its public perception,” he added.

- Vanke’s cash may cover only 40% of short-term debt

Kaymaz said about 70% of the loans extended to Vanke as of the end of October were unsecured, indicating reliance on public-sector backing as the company’s free cash flow remains insufficient to meet obligations.

“Collateral and financing options are rather limited and the field is narrowing,” he said. “Vanke only has to repay $800 million in bonds in the coming days, but next year, over $1 billion will be due — its cash positions, which are at its lowest since its foundation in 1992, are enough only to cover 40% of its short-term debt.”

Kaymaz noted that Vanke has suffered a 40% decline in sales revenue this year, with its financing gap estimated at $14 billion, warning that the company may struggle to survive without state support.

“For bondholders, restructuring or defaulting are the risks on the table,” he said.

“In a potential similar instance, what will happen to companies that receive this sort of covert support from the public sector, then,” he asked.

“This part is quite important, as after all, the real estate concerns that began with Evergrande five years ago still continue — many companies struggle to stay afloat due to low household confidence and insufficient domestic consumption, which can be considered to be the biggest contributors to the major financial difficulties constructors are facing,” he added.