Council and housing association rents look set to rise steeply if proposals from the government and the Mayor get the go ahead.
They claim the money is needed to build more affordable homes but critics say the plans will drive people on low incomes away from some parts of London.
I know there is a resentment here of those fortunate enough to occupy council/social housing in London, but doubling their rents can only increase house prices. Why? Those out of work or claiming benefits will probably get most of the rent paid from Housing Benefit (ok so they may have to do illegal p/t work if HB doesn't cover all the rent), but what about those in decent paying jobs? They'll look to buy somewhere asap (if only in zone 4,5 or 6) once the rents start to rise.
Well done, the jealous bigrade. You've now made an overpriced housing market even worse.