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ralphmalph

Following On From Ids Comments Re Hosuing Benefit

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Already being watered down for social housing, this should benefit HA's mainly as their rents are approaching private rental in many cases. Banks and the HA executives will be relieved that the HB guzzling gravy train is still rolling.

http://www.insidehousing.co.uk/news/housing-management/door-opens-for-benefit-rescue/6511975.article

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http://blogs.telegraph.co.uk/finance/jeremywarner/100008067/osborne-to-target-further-savings-from-housing-benefit/

All good stuff, shows the coalition understand what a racket housing was under the dumbo party.

Like this part...

A lot more could usefully be done on housing benefit, the cost of which has doubled to more than £20bn annually over the last ten years. The Chancellor has already announced a £400 a week cap on these payments in a move that will save around £1.8bn a year, but he plainly needs to go further.

The problem is not so much that well publicised London phenomenon of benefit recipients living in £1,000 plus a week mansions; iniquitous though these cases are, the numbers are relatively small. Rather it is to do with the way social housing landlords have been able to max out on housing benefit rents. The taxpayer has funded the enrichment of a whole new generation of Rachmanesque landlords with a huge vested interest in the benefit dependent. In any case, some way of slaying this benefit leviathan must be found.

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Already being watered down for social housing, this should benefit HA's mainly as their rents are approaching private rental in many cases. Banks and the HA executives will be relieved that the HB guzzling gravy train is still rolling.

http://www.insidehousing.co.uk/news/housing-management/door-opens-for-benefit-rescue/6511975.article

Some credit is due to a government which in 6 months has made more sense than the last lot did in 13 years.

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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