Friday, Sep 10, 2010
Well meaning charity attempts economics
The Press Association: Housing benefit cap 'to cost £120m'
If they are correct that the removal of housing benefit will cost money through unintended consequences, why not propose to increase housing benefit? Take the logic to the extreme and we can solve the budget deficit by guaranteeing every landlord can have a tenant paid for by the state, even in Mayfair. With house prices saved and with them the banks this seems a no-brainer?
Posted by ontheotherhand @ 05:24 PM (554 views) Add Comment
3 Comments
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1. cyril said...
Unfortunately this is true. Private rented housing has always been a cheaper alternative to bed and breakfast accommodation, which costs a fortune. Obviously social housing would be cheaper, but in their infinite wisdom, successive governments have decided not to build enough of it. Housing benefit does not cover the cost of bed and breakfast accommodation, so the local authority ends up paying for it out of its own funds (i.e. your council tax). Don't expect Eric Pickles and Grant Schapps to understand this sort of thing though.
2. Austrian said...
The research is utter rubbish.
When someone on housing benefit gets kicked out someone NOT on housing benefit can then move in and the house(cheaper rent) is made
vacant. The house benefit receipient then simply moves on to this lower rent house.
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