Friday, August 22, 2014

Boost for private landlords

Leap in right-to-buy sales of council houses sparks call for reform

2,845 council houses were sold to tenants between April and June, a 31% increase on last year. 33% of these sales were in London, where discounts can go over £100k. Since the proceeds of these sales go towards building replacements such discounts leave less for that purpose. "A lot of council houses today will be in the hands of private landlords tomorrow. Fewer low-rent houses will drive low-paid people out of London" said a Green Party member of the London Assembly.

Posted by icarus @ 08:15 PM (5037 views)
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2 thoughts on “Boost for private landlords

  • The state decides the winners and the losers. A 500 pound a month subsidy to your rent that never ends is a big deal.

    However, I don’t agree that lower paid people are driven out of London, the problem is that the government subsidises them to stay and work for the minimum wage! If you want a cleaner in central London pay for them! The idea that the government subs the difference between the rest of the country is ridiculous.

    And I could go on, but too tired and drunk.. plus I don’t care.

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  • a council near us a few years ago.

    they cleaned up a council estate, resurfaced all the roads (not that they needed resurfacing) then sold estate to a developer (family) related to a councillor at a rock bottom price , the same councillor involved in a greenbelt development of apartments with the same (related family) developers building an estate on pure greenfield greenbelt

    its all total BS and corruption , they can’t even fill in basic potholes around roads in area, it all stinks

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