@DaveyDelimbo
Sadly, these terrible collapses like the #MiamiTower are just a tip of the iceberg.

We wrote something recently on another device and will get it out in the days ahead.

In #Australia we've been struggling with our own #propertyDeveloper and #privateEquity craze since #Sydney2000, and yes, a lot of dodgy #construction.

The #realEstate and #propertyCouncil have been aggressively #lobbying #selfRegulation for as long as we can remember too.

#rentseeking #cronyism #assetInflation

@DaveyDelimbo
We've been refraining from talking about this #MiamiTower destruction on Fedi, which is wrong.

When the #GrenfellTowers burned, we were heavy on #UK and the dodgy #gentrifiers, that created the situation.

From what we can tell, this event could have been avoided. It seems a criminally negligent case of #gentrifyAndForget.

Their motto seems to be pocket the gains, socialize the losses.

#regulations #protections