Leaseholders in building sheathed in flammable Grenfell cladding sent a £2m bill for repairs

In the UK, many people who live in multiunit buildings -- the sort of thing that would be a condo or co-op in the US -- live under the leaseholder/freeholder system, a relic of feudalism that has been updated for the age of inequality thanks to hedge funds and other socially useless financial engineers. (more…)

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