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 Asunto: Cae otro mito: Alemania no es liberal
NotaPublicado: Lun May 16, 2016 10:53 pm 
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Esh COMUNISHTAAAAA. COMUNISHTAAAA COMUNISHTAAAAAAAARGGHHH!!!!

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In World's Best-Run Economy, House Prices Keep Falling -- Because That's What House Prices Are Supposed To Do

When Americans travel abroad, the culture shocks tend to be unpleasant. Robert Locke’s experience was different. In buying a charming if rundown house in the picturesque German town of Goerlitz, he was surprised – very pleasantly – to find city officials second-guessing the deal. The price he had agreed was too high, they said, and in short order they forced the seller to reduce it by nearly one-third. The officials had the seller’s number because he had previously promised to renovate the property and had failed to follow through.

As Locke, a retired historian, points out, the Goerlitz authorities’ attitude is a striking illustration of how differently the German economy works. Rather than keep their noses out of the economy, German officials glory in influencing market outcomes. While the Goerlitz authorities are probably exceptional in the degree to which they micromanage house prices, a fundamental principle of German economics is to keep housing costs stable and affordable.

It is hard to quarrel with the results. On figures cited in 2012 by the British housing consultant Colin Wiles, one-bedroom apartments in Berlin were then selling for as little as $55,000, and four-bedroom detached houses in the Rhineland for just $80,000. Broadly equivalent properties in New York City and Silicon Valley were selling for as much as ten times higher

Although conventional wisdom in the English-speaking world holds that bureaucratic intervention in prices makes for subpar outcomes, the fact is that the German economy is by any standards one of the world’s most successful. Just how successful is apparent in, for instance, international trade. At $238 billion in 2012, Germany’s current account surplus was the world’s largest. On a per-capita basis it was nearly 15 times China’s and was achieved while German workers were paid some of the world’s highest wages. Meanwhile German GDP growth has been among the highest of major economies in the last ten years and unemployment has been among the lowest.

On Wiles’s figures, German house prices in 2012 represented a 10 percent decrease in real terms compared to thirty years ago. That is a particularly astounding performance compared to the UK, where real prices rose by more than 230 percent in the same period. (Wiles’s commentaries can be read here and here.)
A key to the story is that German municipal authorities consistently increase housing supply by releasing land for development on a regular basis. The ultimate driver is a central government policy of providing financial support to municipalities based on an up-to-date and accurate count of the number of residents in each area.

The German system moreover is deliberately structured to encourage renting rather than owning. Tenants enjoy strong rights and, provided they pay their rent, are virtually immune from eviction and even from significant rent increases.

Meanwhile demand for owner occupation is curbed by German regulation. German banks, for instance, are rarely permitted to lend more than 80 percent of the value of a property, thus a would-be home buyer first needs to accumulate a deposit of at least 20 percent. To cap it all, ownership of a home is subject to a serious consumption tax, while landlords are encouraged by favorable tax treatment to maximize the availability of rental properties.

How does all this contribute to Germany’s economic growth? Locke, a prominent critic of America’s latter-day enthusiasm for doctrinaire free-market solutions and a professor emeritus at the University of Hawaii, notes that a key outcome is that Germany’s managed housing market helps smooth the availability of labor. And by virtually eliminating bubbles, the German system minimizes the sort of misallocation of resources that is more or less unavoidable in the Anglo-American boom-bust cycle. That cycle is exacerbated by tax incentives which encourage citizens to view home ownership as an investment, resulting in much hoarding and underutilization of space.

In the German system moreover, house-builders rarely accumulate the huge large land banks that are such a dangerous distraction for U.S. house-builders like Pulte Homes, D. R. Horton, Lennar, and Toll Brothers. German house-builders just focus on building good-quality homes cheaply, secure in the knowledge that additional land will become available at reasonable cost when needed.

Locke is the co-author, with J.C. Spender, of Confronting Managerialism: How the Business Elite and Their Schools Threw Our Lives Out of Balance, a book I highly recommend.


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 12:42 am 
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Der Besserwisser
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Anda que no llevo yo años contando eso mismo :lol: :lol: :lol:

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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 12:45 am 
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Si Ockham tenía una navaja, yo tengo un bate
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Alemania, como todos. La única ley que reconocen es la ley del embudo.

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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 6:35 pm 
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Rezz ha descubierto que el centro-derecha aleman es mas socialdemocrata que liberal?

Normal que ande yerrado, hasta los socialdemocratas franchutes son mas liberales que los de centro-derecha alemanes...

:mrgreen:


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 7:18 pm 
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Lalomena escribió:
Rezz ha descubierto que el centro-derecha aleman es mas socialdemocrata que liberal?

Normal que ande yerrado, hasta los socialdemocratas franchutes son mas liberales que los de centro-derecha alemanes...

:mrgreen:

La derecha francesa de Sarkozy estaba económica y me atrevo a decir socialmente a la derecha del PSOE, con eso creo que te lo he dicho todo.
La burbuja inmobiliaria en Francia tampoco existe, los bancos en Francia, por ley no permiten endeudarte por encima de un determinado nivel.
Todas las cacicadas que Volkswagen ha podido hacer, relativas a trapichear las emisiones, negociación de convenios colectivos a la baja y demás son porque el presidente del comité de Empresa está comprado por la directiva, en realidad es como un segundo presidente de la empresa, eso significa que las decisiones se toman teniendo en cuenta a los sindicatos o al menos a sus directivos, por eso al último lo tenían tan contento que hasta lo llevaban de putas.


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 7:25 pm 
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VW Sex and Bribery Scandal: Sentences Handed Down in Corruption Affair

A German court convicted two senior Volkswagen executives on Friday in a bribery and corruption case at Europe's biggest car-maker. One executive is on his way to jail while another, who threw lavish sex parties for works council members, was also sentenced.

A German court on Friday convicted two executives and issued what is likely to be the only prison sentence in the sex, bribery and corruption scandal that brought many executives at car-maker Volkswagen to their knees.

A regional court in the western German city of Braunschweig sentenced the former head of Volkswagen AG's works council, 48-year-old Klaus Volkert, to two years and nine months in prison on incitement of breach of trust charges for his role in the scandal.
Volkert, who represented employees on the company's supervisory board, received special bonus payments of close to €2 million ($2.9 million) from the company's former personnel director, Peter Hartz. The court said he should not have received that money. It is believed that Hartz ordered the money to be paid to executives on the company's works council in order to secure favorable votes in important company decisions taken by the supervisory baord.

On Friday, the court also sentenced former senior personnel executive Klaus-Joachim Gebauer to one year of probation on 40 counts of breach of trust. Under orders from Hartz, Gebauer had organized lavish pleasure trips abroad for members of the works council that included prostitutes. Hartz had ordered Gebauer to treat works council leaders "generously."

Lenient Sentences?

But Friday's sentences proved to be milder than those called for by prosecutors in the case. They had called for Volkert to spend an additional year behind bars for 48 charges of breech of trust. For Gebauer, they had called for 20 months of probation. Volkert's defense attorneys had called for acquittal or, at the most, probation for their client.

Volkert and Gebauer are considered the key figures in the VW's bribes and corruption scandal -- which first became public in summer 2005. In January, Hartz pleaded guilty to making the secret payments to Volkert between 1995 and 2004 to smooth labor relations and to ensure the works council accepted VW's restructuring plans. Hartz received a two-year suspended sentence and a fine of €576,000.

On Friday, it remained unclear whether Volkert or Gebauer would appeal their sentences.

Volkert had entered a not-guilty plea in the case, denying that he had persuaded Hartz to pay him almost €2 million. He did admit in court, though, that he helped to arrange a lucrative contract for his former girlfriend, though he denied any wrongdoing in the action.

Gebauer, accused of organizing lavish, company-paid holidays for works council officials on instructions from Hartz, has admitted most of the charges against them -- although he said he had acted at the behest of his superiors. But attorneys for both defendants argued as recently as this week that they should be acquitted or, at the most, receive mild suspended sentences. The men had said their actions had not been damaging to the company.
The trial, however, which saw senior executives including VW Chairman Ferdinand Piech testifying in court, caused significant image damage to Europe's biggest carmaker, which has struggled financially in recent years.

The investigation into corruption at Volkswagen is one of many high-profile cases of clean-ups by prosecutors of dirty practices at German businesses in recent years. Former senior officials at Siemens are awaiting trial on corporate bribary charges. Plus, in a case that has nothing to do with his employer, Deutsche Post CEO Klaus Zumwinkel was forced to resign last week after he became embroiled in a massive tax-evasion case. The investigation of Zumwinkel was part of a nationwide sting involving hundreds in Germany thought to have illegally parked their wealth, tax-free, in Liechtenstein.


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 7:26 pm 
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Manuel H escribió:
Anda que no llevo yo años contando eso mismo :lol: :lol: :lol:

Indi qui ni llivi yi iñis quintindi isi mismi :lil: :lil: :lil:


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Mar May 17, 2016 9:21 pm 
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Rezz escribió:
Lalomena escribió:
Rezz ha descubierto que el centro-derecha aleman es mas socialdemocrata que liberal?

Normal que ande yerrado, hasta los socialdemocratas franchutes son mas liberales que los de centro-derecha alemanes...

:mrgreen:

La derecha francesa de Sarkozy estaba económica y me atrevo a decir socialmente a la derecha del PSOE, con eso creo que te lo he dicho todo.
La burbuja inmobiliaria en Francia tampoco existe, los bancos en Francia, por ley no permiten endeudarte por encima de un determinado nivel.
Todas las cacicadas que Volkswagen ha podido hacer, relativas a trapichear las emisiones, negociación de convenios colectivos a la baja y demás son porque el presidente del comité de Empresa está comprado por la directiva, en realidad es como un segundo presidente de la empresa, eso significa que las decisiones se toman teniendo en cuenta a los sindicatos o al menos a sus directivos, por eso al último lo tenían tan contento que hasta lo llevaban de putas.


Sigue contando mas de Alemania y callando de francia.

No hace falta que nos cuentes nada de estados de excepcion, de pasma machacando inmigrantes, de pasarse por los guebos al parlamento...

Pos Sarkozy pos la volkswagen...

Que poca verguenza tienes, poca no, ninguna.

:mrgreen:


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Vie Ago 19, 2016 9:05 am 
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Alemania nunca ha tenido una economía liberal.

Fin del asunto.


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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Vie Ago 19, 2016 4:40 pm 
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Gaav escribió:
Alemania nunca ha tenido una economía liberal.

Fin del asunto.


Aunque curiosamente lo del "neoliberalismo" lo inventaron ellos muchos años antes de que Reagan y Thatcher le dieran unas connotaciones mucho más siniestras al término.

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 Asunto: Re: Cae otro mito: Alemania no es liberal
NotaPublicado: Sab Ago 20, 2016 10:43 am 
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El Maestro Golpeador escribió:
Gaav escribió:
Alemania nunca ha tenido una economía liberal.




¿ Y quien ha tenido una economía "liberal" ?

En la Europa Occidental lo que ha mandado ( y manda ) es una economía social de mercado. Y esto lo defienden todos los grupos políticos excepto la extrema izquierda

Coño, ahora ya no somos liberales.


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