Property developers refuse to come clean about political funding

United States News News

Property developers refuse to come clean about political funding
United States Latest News,United States Headlines
  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Citizens should ask if politicians are giving special favour to high-end developers.

Municipalities are often seen to protect the interests of property developers over ordinary residents. In light of a newby My Vote Counts on the secret financial ties between big businesses and politics, citizens should ask if politicians are giving special favour to high-end developers – and if so, why.

For example, one development was passed with an error which allowed the developer to exceed the permitted bulk, an “error” acknowledged in a meeting by the developer’s architect. The city planners took no action to rectify the issue. Every process seems to be designed to reach the same conclusion: the development proceeds, no matter what., has shown how development decisions can create instant wealth for certain individuals and how such decisions might be subject to political pressures to serve party interests.

Additionally, communities and community members are entitled by the Constitution to be sure that administrative processes are fair, just, and transparent. Housing activists at Reclaim the City and in other civic organisations have raised similar questions about developers who always seem to be in the good graces of officials in the city and provincial government.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheCitizen_News /  🏆 6. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Delta Property Fund hopes to have turned a cornerDelta Property Fund hopes to have turned a cornerGovernment landlord needs tenants to agree to long term leases in order to forecast its rentals more accurately and to get finance from banks at better rates
Read more »

Investec Australia Property Fund pursues primary listing in SydneyExternal manager Investec Property plans to raise about R1bn by selling 76.9-million new units in its Australian fund
Read more »

Delta Property Fund hopes to have turned a cornerGovernment landlord needs tenants to agree to long term leases in order to forecast its rentals more accurately and to get finance from banks at better rates
Read more »

Team sent to clean up Mount Everest faces an uphill battleA dedicated clean-up team sent to Mount Everest has collected three tons of garbage in its first two weeks, officials said on Wednesday, in an ambitious plan to clean the world's highest rubbish dump.
Read more »

Trematon reports subdued activity in Western Cape property marketThe investment company expects the property market to show subdued returns over the next 12 to 18 months
Read more »

Cape Town home owners: Here's the sweet spot for property ratesCape Town home owners: Here's the sweet spot for property ratesIf your property's new municipal value increased by less than 22%, your property rates bill could go down.
Read more »

Umbilo resident's property flooded with stinky water from blocked manholes | The MercuryUmbilo resident's property flooded with stinky water from blocked manholes | The MercuryA frustrated Umbilo resident said she and her family are forced to live with the “disgusting” smell of sewer water for the last week.
Read more »

eThekwini workers strike leaves property destruction of over R3.5meThekwini workers strike leaves property destruction of over R3.5mThis excludes issues like the cost of hiring privately-owned water tankers where reservoirs and valves have been tampered with.
Read more »

Buthelezi: It's time to clean house at the highest levelsButhelezi: It's time to clean house at the highest levelsThe Inkatha Freedom Party (IFP)'s Mangosuthu Buthelezi called on the people of KwaZulu-Natal to give his organisation widespread support and restore integrity to the province.
Read more »

Trematon reports subdued activity in Western Cape property marketTrematon reports subdued activity in Western Cape property marketThe investment company expects the property market to show subdued returns over the next 12 to 18 months
Read more »

Africrest Properties aims to manage 2,000 apartments by the end of next yearThe private developer wants to double its assets under management and is drawing on inner-city demand
Read more »



Render Time: 2025-03-11 19:42:18