✅CASE STUDY - The New Era Estate Flashcards

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1
Q

Where is the New Era Estate?

A

Hoxton, within the East London borough of Hackney

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2
Q

How many families lived on the estate in 2015?

A

Around 100

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3
Q

Which US company bought the site in 2014?

A

Westbrook Partners

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4
Q

What happened in late 2014?

A

Residents were faced with a sharp increase in payments of eviction when the land was bought

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5
Q

Which celebrity was involved in the process?

A

Russel Brand

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6
Q

How many signatures did the residents get in support?

A

350,000

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7
Q

What did the residents do in response to the increased payment and eviction?

A

Protest

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8
Q

What was the estate the first to introduce?

A

Means tested rent, where charges were based on household income

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9
Q

How did the residents first convey their recaction to the changes?

A

Through protests

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10
Q

How was the media used to further the protests?

A

Using social platforms and celebrities to reach a wider audience

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11
Q

Where was the petition taken?

A

To Downing Street

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12
Q

How did the council respond?

A

By making the rent scheme fairer and preventing sharp rises

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13
Q

Why do house prices in London rise?

A

Because the population is growing and there are only a certain number of houses

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14
Q

What type of company are Westbrook Partners?

A

A privately owned real estate investment management company

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15
Q

Why were the residents initially hopeful about the company who had bought the estate?

A

Their high turnover made them hopeful for improvements and investments in the area

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16
Q

What has the success of the scheme led to?

A

Changes all over the country in rent and how it is charged