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Social Housing Plans To Be Abandoned As Government Cuts Tenants’ Rents

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Plans to build thousands of new social homes will have to be abandoned because of the Government’s decision to cut the amount tenants will have to pay in rent next year, The Times has learnt. Housing associations will warn today that their income will fall by at least £260 million next year if the Government continues to link social housing rent to inflation.

The retail prices index is expected to fall below minus 2 per cent in September, the month when rent is set for the next year, presenting the prospect of real cuts in social rental payments for the first time.

Oh well, more rent reductions :lol:

http://www.timesonline.co.uk/tol/news/poli...icle6799637.ece

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You couldn't make this stuff up. Talk about adding insult to injury, heh.

Welfare tenants have more spacious housing, and now they're to pay even less rent!

aaaaagh!

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