Access to infrastructure ? ...
In terms of use value, is our wealth increasing ?
In classical GDP figures, privatisation and speculation increase total figures... while potentially reducing quality of life for people for which such services or access to privatized infrastructure becomes too expensive.
Is there a website where we can see the evolution of "quality of live" based on non financial metrics ?
Example / Context :
What is the impact of speculation on housing
( some people or companies buying and reselling buildings, and making people who rent pay the cost of the loan )
on our net use value capacity ?
I personally witnessed in Brussels a reduction of living space compared to a certain percentage of income.
People who have not had the opportunity to have access to credit to buy a house,
end up giving a increased amount of their salary to rent.
In Belgium, and more specifically in Brussels,
in 2004 the selling price of houses and appartments nearly doubled ( in only that one year )
see figures :
data visualized in google graph :
- Last updated: May 6, 2011