Saturday, August 3, 2013


How welfare reform boosted property profits

"Benefit changes might be making life more difficult for landlords, but it has also pumped-up demand for multi-occupany housing and spawned other property investing opportunities".

Posted by alan @ 09:13 AM (1660 views)
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2 thoughts on “No DSS

  • I am glad that they are now paying housing benefit directly to tenants, it sets the scene for a rent strike. I should think that a good percentage of benefit claimants would be up for not paying their rent.

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  • Our benefits bill is getting massive.

    Wander around London and you will see lots of young waitresses, retail employees and low level healthcare workers who have come to the big city looking for work. We aren’t making anything in London these days. Our call centres have long been exported (even nuisance calls are from Asia, these days).

    As I see it every level of government has promised too much and is now faced with the politically unappealing prospect of either drastically increasing taxes for the working age population or significantly reducing benefits and this could soon hit the retired hard.

    Last week, people were stopped and searched at Stratford. There are almost 1/4 million people living under the radar in the East End (says my Met sergeant friend). It will be interesting to see the impact on the benefits bill if there is an amnesty (= there won’t be one).

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