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How suitable would the French Viager system be in solving the problems within the British housing market?
The French Viager system, founded in the 19 th century gained popularity after the second world war as increased life expectancy led to the elderly needing new ways to sustain themselves financially in later life. Viager itself is essentially a real estate transaction where a buyer puts a down payment onto a house owned by an elder person and then continues to pay them regularly as long as this elderly owner is alive. Critics have pointed out the speculative aspect to the Vi
besociety
Nov 143 min read
Are We Kicking Climate Goals to the Curb?
A key place to look at for the world scrapping climate goals is Europe. In light of the invasion of Ukraine, Russia reduced the amount of gas sent to the EU from 146 billion cubic metres in 2021 to an estimated 61 billion cubic metres in 2022. Their only main routes to send gas to Europe were through Ukrainian pipelines, where they had deals in place to run until 2024, and through the TurkStream Pipeline, but in much smaller amounts compared to the already reduced level. This
besociety
Nov 145 min read
The Deepwater Horizon Incident
The Deepwater Horizon incident was an explosion on an oil rig 40 miles off the coast of Louisiana. This explosion occurred after equipment used to seal the oil well for later use wasn’t installed properly. This allowed a steep rise in natural gas to blast through the equipment, which led to the explosion. Over the next couple of days, the rig sank into the sea, releasing oil into the ocean. This was due to the failsafe to stop oil from leaking being broken when the natural ga
besociety
Oct 34 min read
Is Trump an Ally to British Business?
Trump has expressed on many occasions his love and respect for the United Kingdom, but does this make him a friend to British business? This question is not as straightforward as it seems. Despite having family ties to Scotland, which may sway him to view the country and businesses with more favourability, he has always maintained his ‘America First’ ideals when making deals during his first and second terms so far. The America First policies brought in by Trump are a way to
besociety
Oct 34 min read
The Failure of Elizabeth Holmes and Theranos: A Summary
Theranos was started by Holmes when she was 19 and studying at Stanford. The business aimed to create a machine that allowed a person to diagnose blood conditions without the use of a needle. The tagline on their website was “one drop of blood can change everything”—an ambitious claim and an even more ambitious project to take on—but the founder believed in it and subsequently dropped out in her sophomore year to focus on growing the business. Her confidence seemed to pay off
besociety
Oct 33 min read
What’s Happening in the Tech Industry Job Market
This article explores recent events in the tech industry’s job market. In the past eighteen months, there have been a significant number of layoffs due to AI and over-hiring at top tech firms. One reason for these mass layoffs in the tech industry is over-hiring during the pandemic. A few years ago, when the world went into lockdown, we experienced a dramatic shift in the way we worked. Instead of going into the office, people used online meetings to communicate, leading to a
besociety
Aug 93 min read
The Growth of Streaming and the Effect that the Pandemic has Had
Over the last few years, we have seen the number of streaming services grow significantly. Where Netflix once stood alone, dominating online film and television streaming, it has been challenged by the likes of Disney+ and many other streaming platforms. This article discusses the increase in competition in the industry, the biggest threats to Netflix’s dominance, and the factors driving the move towards online streaming. As we all know, Netflix is an online streaming platfor
besociety
Aug 83 min read
Libertarian Reforms in the Argentinian Housing Market
In this article, we outline the basics of Argentina’s housing market, the challenges it has faced in recent years, the measures taken by the new libertarian government to address these challenges, and the major disadvantages of rent control. In 2023, Argentina elected a political outsider, Javier Milei, as president. The ex-TV presenter and ultra-libertarian ran on a platform of cutting excessive government spending and oversight, which the country had experienced for years.
besociety
Aug 43 min read
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