Why do we want shiny new cars, fancy new suits, bigger and prettier houses?
Is it that line that the Fox has on the first page about selling a sense of safety; superstition. The eighties, nineties and the last 10 years have been periods saturated in materialism. It’s the great furphy, isn’t it? Satisfaction is fleeting. We need the next model car, or the bigger house, or an apartment in the city’s next tallest building. While the global financial crisis has caused much pain for many… I think, I hope, in the long-run it will be positive. It’s certainly changing our attitudes to money and debt and owning stuff. Can there be such a thing as ethical property development? The deep problem with the property industry is how it’s structured. Most people are employed commission-only. You can work in real estate for 60 hours a week and have nothing to show for it at the end of that week. (It happened to me frequently.) This creates a survival-of-the-fittest attitude, where “whatever it takes” is an acceptable business ethos. Additionally, real estate often is not a re