Tuesday, February 10, 2009
Financial advantage of Council housing
This article is a bit boring about Brent council attempting to move tenants to the seaside, but there are a slew of articles about councils attempting to dislodge tenants due to a shortage of supply against rapidly growing waiting lists. Everybody knows, at least those poverty struck like me, that getting subsidised council accomodation is a financial godsend, but how much of a godsend? Slowly there appears to be a -market value- being negotiated for council housing in the different areas. I hope that social housing can be seen for the distorting financial stipend it actually is.