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17 days agoEverton hero Howard part-owner in Dagenham & Redbridge FC

first_imgEverton hero Howard part-owner in Dagenham & Redbridge FCby Paul Vegas17 days agoSend to a friendShare the loveFormer Everton and Manchester United goalkeeper Tim Howard is part-owner of Dagenham & Redbridge FC.Howard, 40, who made 414 appearances for the Blues across a decade-long stint between 2006-16 – more than any other player from outside the British Isles – played the final game of his professional career on Sunday in Colorado Rapids’ 3-1 defeat to Los Angeles.With his playing days now over, Howard looks poised to be casting his eyes back across the Atlantic on a more regular basis to National League club Dagenham & Redbridge where he has been part of their US-based Trinity Sports Holdings ownership team for the past year, says the Liverpool Echo.The club, who were only formed in 1992 after a merger between Dagenham FC and Redbridge Forest, spent nine years in the Football League between 2007-16 but are currently in the National League and finished 18 out of the 24 clubs in the division last season. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

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Malala Yousafzai Accepts An Honorary Canadian Citizenship

first_imgIn her second attempt, activist Malala Yousafzai was successful in coming to Canada’s capital to accept an honorary citizenship.During her first attempt in October 2014, she was stopped at the airport due to an attack at Ottawa’s Parliament Hill. This time, however, went off without a hitch, while Malala’s 20-minute speech to Parliament received several standing ovations. The first ovation came in reference to the 2014 incident.“The man who attacked Parliament Hill called himself a Muslim, but he did not share my faith,” Malala said. “He did not share the faith of one and a half billion Muslims, living in peace around the world. He did not share our Islam, a religion of learning, compassion and mercy. I am a Muslim and I believe that if you pick up a gun in the name of Islam and kill an innocent person, you are not Muslim anymore.”In her speech she also spoke about world refugees, the violence many are fleeing and praised Canada’s efforts thus far yet holds out hope for more. “Your motto and your stand ‘Welcome to Canada’ is more than a headline or a hashtag,” she said. “It is the spirit of humanity that every single one of us would yearn for if our family was in crisis.”Malala said she was impressed with Canada’s first gender-balanced cabinet, but she also had a message for her new fellow citizens.“I would like to tell something to the children of Canada: You do not have to be as old as the very young Prime Minister Trudeau to be a leader,” she said. “I have learned that even a child’s voice can be heard across the world. To the young women of Canada I want to say, step forward, raise your voices, and the next time I visit, I hope to see more of you filling these seats. And to the men of Canada, be proud feminists, and help women get equal opportunities as men.”But her bigger ask was for the leaders in the room: to seize every opportunity to ensure that all girls in all countries receive an education. After reciting several statistics showing the economic benefits to countries that educate their boys and girls, Malala said: “Education is vital for the security of the world because extremism grows alongside inequality, in places where people feel they have no opportunity, no voice, no hope. “You can see Malala’s full speech here.Copyright ©2017Look to the Starslast_img read more

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October 12 2002 The Italian Projects Roma Tre stu

first_imgOctober 12, 2002 The ItalianProjects Roma Tre students have arrived. [bottom] Valerio Pellegrini,Carlo Ciampoli, Alessandro Celleti and Alfonso Rubeis. [top] AnitaMaruccia. The five architecture students will complete a semesterprogram at Arcosanti earning credits with their University inconstruction, model making, woodshop, and a course with Arizona StateUniversity. [Photo & text: SA] This ItalianProject program links Arizona State University with Universita Roma Treas these students will attend one ASU Architecture course this fall.ASU professor Jeff cook has developed this new program with Arcosanti’sItalian Project. The students on their way to school. [Photo: T & text:SA] Randall Schultz isinstructing the students in wood working. Carlo has completed abeautiful new counter top for EC I and Alessandro is cutting it toexact size. [Photo & text: SA] Anita and Valeriowith their wood working projects. For more information on the ItalianProject contact Linda Roby(PublicRelations) or AntonioFragiacomo. [Photo & text: SA]last_img read more

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Mai Fyfield Sky has urged Ofcom to separate BT and

first_imgMai FyfieldSky has urged Ofcom to separate BT and its infrastructure arm Openreach in its final submission to the UK broadcast regulator as part of its strategic review of the UK’s digital communications market. In a statement explaining its stance, Sky argued that as BT has sole control over Openreach its decisions about investment in national infrastructure “reflect the interests of BT rather than the whole industry and the businesses and consumers that use its service”.“Openreach’s ownership structure means that companies that compete with BT, like Sky and TalkTalk, cannot work with Openreach on innovations like fibre to the home,” said Sky’s chief strategy officer, Mai Fyfield, discussing Sky’s Ofcom submission.She also claimed that “the national network run by Openreach relies heavily on copper wires and delivers unacceptable levels of faults and service problems for consumers and businesses.”Fyfield said that it makes sense for BT to use the existing copper network for as long as possible. However, with “no prospect” of BT’s retail arm using an alternative high-speed fibre network to deliver services, there is “limited scope for new infrastructure entrants as they would only be able to compete for Sky and TalkTalk’s business.”“The separation of Openreach from the rest of BT will allow it to form part of a more competitive market solution as an independent company. For example, if BT’s retail arm could purchase network services from alternative suppliers, an independent Openreach would be motivated to respond with investment and innovation of its own,” said Fyfield.“As a standalone FTSE 100 company, Openreach would be highly attractive to long-term investors and able to raise fresh capital to invest on the back of future growth from the whole industry.”The comments come after the chief executives of Sky, TalkTalk and Vodafone UK called for an “urgent need for increased competition” and urged Ofcom to ask the Competition and Markets Authority (CMA) to “undertake a full market investigation,” in an open letter published last month.The Financial Times reported this week that Vodafone would also call for the break-up of BT, ahead of the Ofcom consultation deadline of October 8. It quoted Vodafone’s head of regulatory affairs, Matthew Braovac, as saying: “we want to see a separate Openreach whose business is selling network connectivity and access for all.”last_img read more

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THE PSNI say officers were out on patrol this even

first_img THE PSNI say officers were out on patrol this evening in the Victoria Bridge area.The increased police presence followed reports of anti social behaviour in the area.A police spokesperson said: “Remember to report anti social behaviour, criminal behaviour and anything suspicious as soon as you see it. ShareTweet “This gives us the best chance to catch the people doing it.”POLICE PATROLLING VICTORIA BRIDGE OVER ANTI-SOCIAL BEHAVIOUR was last modified: May 25th, 2017 by John2John2 Tags:center_img POLICE PATROLLING VICTORIA BRIDGE OVER ANTI-SOCIAL BEHAVIOURVICTORIA BRIDGElast_img read more

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Raychel died after being administered with a letha

first_imgRaychel died after being administered with a lethal dose of intravenous fluids, a day after an appendix operation at Altnagelvin Hospital.The Hyponatraemia inquiry into the deaths of Raychel, Conor Mitchell, 15; Claire Roberts, nine, Adam Strain, four; and 17-month-old Lucy Crawford, in hospitals in Northern Ireland, was set up in 2004.All the children apart from Conor Mitchell were found to have died from hyponatraemia-related conditions.Hyponatraemia occurs when there is a shortage of sodium in the bloodstream.The Belfast, Southern and Western health trusts said they “unreservedly apologise” to the five families.The inquiry found that four of the children’s deaths were avoidable.It found there was a “reluctance among clinicians to openly acknowledge failings” in the death of Raychel Ferguson and was heavily critical of the “self-regulating and unmonitored” health service.Mr Ferguson said he has “very vivid memories” of his sister’s death and could not speak publically about it until now.“I was only 7 – I couldn’t understand why everyone was crying,” he said.“As a child it had a significant psychological impact on me. I could never ever talk about it.“I understand now why we didn’t do a lot of things like go to the park – as a family every night we went to the grave, because that is where Raychel was,” he said.The establishment of a duty of candour on medical professionals “to tell patients and their families about major failures in care and to give a full and honest explanation” was one of 96 recommendations made by the inquiry.Mr Ferguson said making this duty a legal requirement- dubbed Raychel’s law – “will ensure no other family will have to go through what we had to.”The BBC says it understands the Western Trust will meet with the Ferguson family shortly.Meanwhile the General Medical Council (GMC) said they are currently reviewing the inquiry’s report to consider whether they “need to investigate any named doctors or take any further action.”PSNI Detective Chief Superintendent Raymond Murray said police are “continuing to carefully assess the contents of the public enquiry report regarding hyponatremia and related issues before deciding what action needs to be taken.”Family of Raychel Ferguson reject Trust apology over her death was last modified: March 17th, 2018 by John2John2 Tags: However, Jason Ferguson said he could not accept the trust’s apology.He has told BBC Radio Foyle: “It is an apology of shame and guilt.“I have heard how apologetic and sincerely sorry they are. But I reject that apology because it took them 13 years to admit liability for Raychel’s death.“They should be ashamed of themselves because they contributed to our grief and pain as a family.” Family of Raychel Ferguson reject Trust apology over her deathHyponatremiaJason FergusonMR JUSTICE O’HARARaychel FergusonWESTERN TRUST Raychel Ferguson who died in Belfast hospital after being transferred from Altnagelvin hospitalTHE brother of Raychel Ferguson who died from hyponatremia has described a health trust’s apology as one of “shame and guilt”.The nine-year-old girl Derry died in 2001.Following an inquiry into the deaths of five children led by Mr Justice O’Hara, including Raychel in hospitals in North of Ireland’s, the Western health trust “unreservedly” apologised to the family. ShareTweetlast_img read more

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The article Total War over the Petrodollar was ori

first_imgThe article Total War over the Petrodollar was originally published at caseyresearch.com. The conspiracy theories surrounding the death of Total SA’s chief executive, Christophe de Margerie, started the second the news broke of his death. Under mysterious circumstances in Moscow, his private jet collided with a snowplow just after midnight. De Margerie was the CEO of Total, France’s largest oil company.He’d just attended a private meeting with Russian Prime Minister Medvedev, at a time when the West’s relationship with Russia is fraught, to say the least.One has better odds of being struck by lightning at an airport then a snow plow, or any other ground support vehicles hitting a plane and killing all inside the plane, in my opinion. And I say that as someone who’s familiar with airports, having worked at Vancouver International Airport when I was in university; I was the one who would bring the plane into its parking bay.If it weren’t for those short odds, a snowplow on the runway with an allegedly drunk driver would be the perfect crime. But who would benefit from his death?De Margerie was one of the few business leaders who spoke out against the isolation of Russia. On this last trip to Moscow, he railed against sanctions and the obstacles to Russian companies obtaining credit.He was also an outspoken supporter of Russia’s position in natural gas pricing and transportation disputes with Ukraine, telling Reuters in an interview in July that Europe should not cut its dependence on Russian gas but rather focus on making the supplies more secure.But what could have made de Margerie a total liability is Total’s involvement in plans to build a plant to liquefy natural gas on the Yamal Peninsula of Russia in partnership with Novatek. Its most ambitious project in Russia to date, it would facilitate the shipping of 800 million barrels of oil equivalent of LNG to China via the Arctic.Compounding this sin, Total had just announced that it’s seeking financing for a gas project in Russia in spite of the current sanctions against Russia. It planned to finance its share in the $27-billion Yamal project using euros, yuan, Russian rubles, and any other currency but US dollars.Did this direct threat to the petrodollar make this “true friend of Russia”—as Putin called de Margerie—some very powerful and dangerous enemies amongst the power that be, whether in the French government, the EU, or the US?In my book The Colder War, one chapter deals with “mysterious deaths” and how they are linked to being on the wrong side of the political equation. Whether it’s going against Putin or against the petrodollar, there are many who have fallen on both sides.If Total doesn’t close the $27 billion financing it needs to move forward with the Yamal LNG project then we’ll know someone stepped in to prevent an attack on the petrodollar.  The CEO of Total, before his death and his CFO were both strong supporters of Total raising the $27 billion in non US dollars and moving the project forward with the Russians.  But, this could all change if the financing does not complete.How many other Western executives who dare to help Russia bypass sanctions—and turn it into an energy powerhouse—will die under suspicious circumstances?Marin Katusa, is author of The Colder War, manager of multiple global energy-exploration hedge funds, and co-founder of Copper Mountain Mining Corporation. Click here to get a copy of his must-read new book, The Colder War. Inside, you’ll discover exactly how Putin is taking over the energy sector, how far ahead he is, and how alarming it is that no one in the US or Europe has even entered the race. last_img read more

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A disabled campaigner who has been refused permiss

first_imgA disabled campaigner who has been refused permission to apply for a vital disability benefit in a way that is accessible to him has begun legal proceedings against the Department for Work and Pensions (DWP).Graham Kirwan has been told that he is unable to communicate via email as he attempts to claim personal independence payment (PIP).Kirwan had previously been a long-term claimant of disability living allowance (DLA) but had his payments suspended when he failed to respond to letters asking him to apply for PIP, letters that he says he never received and that would not have been accessible to him anyway.Kirwan, who is partially-sighted, has computer software that can magnify text, but it does not generally work with scanned or PDF documents.He has been told by DWP to use the charity Citizens Advice to help with his application for PIP – which is gradually replacing working-age DLA – but he wants to fill in the form himself, so he can take responsibility for the accuracy of the answers.And he points to DWP guidance that states that email is an acceptable alternative for communication for people with his access needs.Kirwan says that while most people can fill in their PIP claim form with a pen costing just 10 pence (DWP provides a free envelope and postage), he has spent £1,200 equipping himself with the necessary technology to communicate effectively, as well as facing annual costs of about another £700.He said: “In this instance the disability is being deliberately created by the DWP. I have no communication disability? when allowed to use email and assistive software.“Email is cost effective and creates independence, choice and control?.“Using Citizens Advice when I can do something for myself is using up their valuable resources and my limited time?.“Although they may be experts in the field of compiling forms, it only takes one mistake (by a first-time volunteer)? on their part for me to fail to be awarded PIP.“The responsibility would be mine, as I am forced to sign a piece of paper which I cannot be 100 per cent sure is correct.”Kirwan has told DWP that completing forms over the telephone or through a home visit from a civil servant places him at a substantial disadvantage to other disabled people, while he has been told that forms completed over the telephone would still need to be sent to him to be read and signed.He has told DWP in a legal letter that “the DWP system for sending and receiving information to blind and partially sighted people is at best ad hoc and prone to consistent failure”.Kirwan, who represents Dudley Centre for Inclusive Living on accessible information issues, has already secured one legal victory over a government department, after a threatened judicial review led to the Department of Health publishing its first accessible information standard earlier this year.A DWP spokeswoman confirmed that the department had received Kirwan’s email, but she said she was unable to comment further because of the legal nature of the complaint.last_img read more

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The future of the governments Access to Work AtW

first_imgThe future of the government’s Access to Work (AtW) disability employment scheme is in jeopardy because of “bureaucratic incompetence” and a cost-cutting drive to reduce people’s support packages, according to new research.The report, commissioned by Inclusion London, found that “shocking levels of delay, error, and the de-skilling of staff” were putting Deaf and disabled people’s jobs at risk.The Barriers to Work report, written by disabled researcher and campaigner Catherine Hale, is based on a survey of 320 AtW customers – more than half of whom were Deaf or had hearing impairments – which was carried out last year by the campaign group StopChanges2AtW*.Hale said the AtW scheme – set up in 1994 and providing disabled people with funding to pay for some of the extra disability-related expenses they face at work – was “a cornerstone of the movement for equality and civil rights for Deaf and disabled people in the UK”.But her report concludes that the programme has been “beset with so much bureaucratic incompetence and obstructionism in recent years that, in many respects, Access to Work is no longer fit for purpose”.Marsha de Cordova, a disabled Labour MP and her party’s new shadow minister for disabled people, told a parliamentary event held to launch the report that “poor policy” and “severe cuts” had left the scheme “unworkable for so many of us”.She said the reviews that led to people’s packages being cut “ultimately will result in many Deaf and disabled people being unable to stay in or retain their work”.De Cordova (pictured, speaking at the event), who said she had benefited from AtW support through most of her career, said: “This scheme, as we all know, is a fundamental part of employing Deaf and disabled people and ensuring that we can stay in work.”She said her own experiences ranged from the programme being “very good to being poor and incredibly frustrating”, and added: “They make it so difficult to be assessed for support.”She said: “I intend in my role, just as an activist, because I am first and foremost a disability rights activist, to press on the government to ensure that they adequately fund this scheme, but also they have to address, they have to reverse, all of the stripping away of cuts, because without that the scheme is not going to work and we will not see more Deaf and disabled people into work.”One of the aspects the report warns about is the imposition of a cap – currently £42,100 – on annual AtW packages, which already affects new claimants but will not affect existing customers until next April.The cap is expected to affect 200 AtW customers, of whom about 90 per cent will be Deaf or have hearing loss.StopChanges2AtW believes this will discourage employers from recruiting Deaf people, increase the likelihood of discrimination, and reduce equality of opportunity.Paul Redfern, the British Deaf Association’s senior community development manager, told the launch event that a number of Deaf professionals had lost their registrations because they were not given enough interpreting support by AtW to maintain their “continuing professional development”.He said the new cap meant that Deaf people would be forced “to leave work and be replaced by hearing people”, and he added: “Employers will become more and more reluctant to employ Deaf members of staff because they will be seen as expensive.”Penny Parker, who uses Access to Work, and is employed by the disabled people’s organisation Equal Lives, had her account of her AtW experiences read by Mark Harrison, chief executive of Equal Lives, as she was not able to attend the launch event.She said she couldn’t fault the scheme when she began claiming support in 2010, but since AtW began to review her package towards the end of 2015 she said her experience had been “horrendous”, and ended – after a year – with a package “that meant I go to work less and pay more”.Parker, who is totally blind, said one adviser had “felt the need to question why I don’t drive myself to work”.The process had affected her job, her mental health, her relationship with her support workers, the taxi company that drives her to work, and her family and private life.She said: “I was so impressed by the scheme when I set out in 2010. Now it’s a sham and disables rather than enables disabled people to work.”Harrison said Parker had called him while he was on the way to the event to say that the taxi company she uses had told her it would not be able to take her to work the next day because AtW had not paid its invoices since April.He said: “AtW said, ‘We have changed the way we want our invoices formatted,’ but they had not informed either Penny or the taxi company.“She is a prisoner in her own home, unable to do her job because of AtW.”Deidre Brock, the SNP’s shadow spokeswoman for fair work and employment, who was also at the launch, said people were facing “nothing more nor less than discrimination”.She said the report’s 11 recommendations for improvements to the scheme – which include commitments not to place Deaf and disabled people at financial risk, and to put the scheme at the heart of the government’s strategy to increase the number of disabled people in work – were “more than acceptable” and “actually quite modest in scope”.Most of those surveyed by StopChanges2AtW had full-time jobs, while a third had received AtW for at least 10 years.But only 15 per cent of those surveyed said they found it easy to apply for AtW or to use it.Among the problems they faced were: not being told when their AtW award was ending, which left people in debt to their support workers; significant amounts of time spent disputing their needs with AtW staff; lengthy delays in assessments for support, which in some cases left people unable to take up a new job or offer of work; and lost paperwork, again leaving many people in debt.As many as 50 respondents said that without AtW they would be unemployed and reliant on benefits.Of the survey respondents, nearly half (46 per cent) said there had been changes to their AtW package, but only three per cent said this had led to an increase in their support.There was substantial evidence of: “rationing” of support by AtW, with more frequent re-assessments and tighter eligibility criteria; a higher burden of proof to show need for support; increased complexity and unnecessary repetition in AtW forms; and a perception by respondents that they were “under surveillance and suspicion”.AtW staff frequently used phrases such as “funding cuts”, “too expensive”, “need to make savings” and the “need to reduce fraud” when they told claimants that their levels of support were changing.One of those who took part in the survey, Sayeeda, said: “The way Access to Work treated me was horrible.“I was talked to in a way where the advisor thought that they knew better than me about the support that I need to do my job. It was always a very aggressive tone.”Another, Angela, said it took her seven months to secure the funding she needed to pay for support workers while she was at work.She said: “During this period, I frequently went without anything to eat and drink all day because I did not have a support worker to assist me with feeding.”A third disabled woman, Sue, said the way she had been treated by AtW “and the amount of obstacles repeatedly put in my way, have very seriously affected both my ability to continue working, and my mental health, to the point that my GP has had to intervene”.The report concludes: “An apparent agenda of cost cutting rather than investing to save is putting Deaf and Disabled people’s jobs and livelihoods at risk.“If this trend continues we will see reduced diversity in the UK workforce, and an increase in the numbers of Deaf and Disabled people claiming out of work benefits.”Asked to respond to the report, a DWP spokeswoman said: “We want more disabled people to get into employment and keep their jobs.“The Access to Work grant can provide over £40,000 of practical support a year, which is tailored to individuals’ needs and can include travel to work, support workers and specialist equipment.“We continuously review the scheme to make sure it’s working in the best way possible, and last year we launched a digital service to make the application process more accessible and efficient.“Last year 25,000 people had their request approved by Access to Work, an increase of eight per cent from 2015-16.”In the November 2015 spending review, the government pledged to increase the number of people the scheme helped by 25,000 a year by 2020, increasing spending by nearly a quarter.But earlier this month, the government was accused of manipulating statistics in an attempt to hide the ongoing barriers, cuts and harassment experienced by AtW claimants, following the release of experimental figures which showed the number of disabled people approved every year for support from the programme had fallen by 15 per cent under seven years of Conservative rule.The number of people who had Access to Work support approved in 2016-17 was nearly 2,000 higher than the previous year, but the figure for 2016-17 (23,630) was still more than 4,000 lower than in the final year of the last Labour government (27,760).Critics said the way DWP was publishing AtW statistics meant it was impossible to know how many disabled people were currently receiving support compared with previous years, or how the average level of support packages had risen or fallen.*Its publication was delayed by the general election, the parliamentary summer recess and the party political conference seasonlast_img read more

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Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants

first_img –shares Too many disincentives for landlords will prevent new rental units from ever making it to the real estate market. The only list that measures privately-held company performance across multiple dimensions—not just revenue. Add to Queue 6 min read 2019 Entrepreneur 360 List Image credit: Piyush Hatolkar | Getty Images Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants Alike. Here’s Why. Guest Writer May 16, 2019 Oregon recently made real estate history, becoming the first state in the union to implement rent control statewide.I know the Oregon real estate market well since I grew up there and bought my first rental property when I was 14. Given that, I know that Oregonians mean well with this new law; they want to control the out-of-control cost of living in their state.But I have to disagree with rent control as the solution. In fact, this effort to help and support the state’s most vulnerable residents will unfortunately negatively impact them the most.Why? Because rent control simply doesn’t work. Rather, it drives down construction, discourages investment in new rental properties and generally disrupts the rental market in fundamental ways.And this is far more than just an Oregon story. Similar rent control bills have recently been considered in California, New York and Colorado as well, and the city of Chicago is working on its own related regulations.It won’t work in any of those areas either.Related: 6 Amazing Tips on Turning Real Estate Into a Real FortuneToday’s real estate market is complex and interconnected.Home ownership is on the decline and rents are ever increasing. In fact, according to a report from the Terner Center at UC Berkeley, there were 600,000 fewer “owner-occupied” homes in 2016 than there were in 2015, signaling a shift in ownership of suburban homes due to the foreclosure crisis.There are simply more renters today than in the past, and the supply of new rentals isn’t keeping up with this demand. That’s what’s driving rental affordability at the moment — there just isn’t enough supply.Tenants become the victims when landlords have their hands tied.Rent control only makes this disconnect worse by creating disincentives for builders and landlords, preventing new rental units from ever making it to the market at all.Worst of all, it eats away at today’s already old rental stock, eventually impacting tenants’ quality of life. Because it costs money to own a rental property – there are ongoing maintenance costs, management costs and of course rising property taxes to pay.What happens when landlords are unable to raise their rents in order to keep up with those costs? They stop investing in their properties, and eventually they become more and more dilapidated. No more big improvements, no more preventative maintenance, no more updates.The focus shifts instead to maximizing the rent they’re able to get out of the property, the end result is run-down, cockroach-infested buildings and homes that no one can afford to fix up because rent controls have cut off their source of capital. In that situation, everybody loses.Related: Learn How to Make Smarter Real Estate InvestmentsWorkarounds are emerging.We’re already starting to see the negative impact of the new law on tenants in Oregon, as more and more property managers are talking about removing first-time tenants after 11 months under “no cause” provisions that end after the first year of occupancy. By doing so, they’re still able to evict tenants for “no cause,” effectively allowing them to sidestep rent controls and raise their rent on the next tenant based on market rates.Just like that, tenants have lost one additional month of a place to live, all to satisfy the demands of the new rent control law.That may be the best-case scenario too, as tenants with longer-term leases are suffering even more, as landlords reduce their capital expenditures on properties in order to make sure they enjoy a positive return on their investment.It’s the economically disadvantaged who get hit the hardest by rent control. Already, I’ve been receiving numerous solicitations from real estate agents wanting to assist me in selling my Oregon rentals. Who would I sell them to? It won’t be landlords, but instead those renters who can already afford to buy. This will further reduce the number and quality of rentals in the area as nicer rentals are sold. It will also push apartment owners into converting to condos and further reducing supply for the most vulnerable. It doesn’t have to be this way.There’s a smarter solution. In fact, there’s a functioning model for affordable housing to copy that’s currently being used in Singapore. I know we have a subsidized, mixed-income model in the U.S., but it is not pervasive enough or market-driven enough. In Singapore, developers are incentivized with property tax credits in exchange for setting aside a portion of their rental units for low-income families, offering them reduced rent as part of the deal.Related: ‘Million Dollar Listing’ Real Estate Expert Ryan Serhant on How Small Businesses Can Make a Big ImpactThese aren’t your typical “low income” units either. Under the terms of Singapore’s system, the rentals are required to be part of their general inventory and cannot be isolated, lower quality or otherwise different. The city then regulates all rent, so landlords receive only one rent check from the city.The system accomplishes a couple of different goals:It mixes wealth within neighborhoods. As a result, there are no exclusive wealthy neighborhoods in Singapore and no impoverished neighborhoods, because everyone lives side by side regardless of income.Neighbors don’t know who’s who. Incomes can vary by household, but they all still live right next to each other. It’s a true melting pot.By subsidizing rents in this way, Singapore allows the local rental market to function organically, with landlords making all of the decisions about screening their own tenants, rents being set by demand and the market growing as needed. The only difference is that those tenants who meet certain economic criteria are eligible for assistance and able to live in any residential building in the city. Everything else goes for market rent.For tenants, this ensures a certain standard of care and quality for the properties they are living in.For landlords, it allows them to bring in tenants of different incomes to commingle in the same neighborhoods and buildings, without giving up the power of market rates. Those market rates and tax credits incentivize more building, which increases supply and helps keep rents from skyrocketing.  It’s a model that works in Singapore, and it’s one that’s worth considering in this country as well. Because rent control isn’t the answer for landlords, tenants, or the communities they live in.   Real Estate Joe Edgar CEO of TenantCloud Opinions expressed by Entrepreneur contributors are their own. Next Article Apply Now »last_img read more

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