Thursday, January 26, 2012
Comments………
Council tenants in North Wales face 5% hike in rent
INFLATION busting rent rises for council housing are set to hit thousands of tenants – some facing a £250-a-year hike. Councils are threatening 5% increases, despite the dire economic outlook and UK Government plans to slash welfare payments.
Posted by mark @ 10:03 AM (2473 views)
5 thoughts on “Comments………”
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mark wadsworth says:
Seems fair enough. If there are people on the waiting list, then either the rent is too low or there’s not enough social housing. If they up the rents, they’ll be able to build more, win win all round.
mark says:
MW how do you think this will both effect the inflation rate and private rental rates
doomdog says:
No keep the rent the same or cut it, sack jobsworths, cut senior managers pensions, waste and other nonsense and still build more houses.
libertas says:
What You Should Know About Inflation: http://www.mises.org/story/2914
drewster says:
“The guidelines are set on inflation rates for last year”
So it’s not inflation-busting at all. That’s perfectly in line with inflation.