Tuesday, Feb 10, 2015

Instead of building more homes, taxpayers’ money is used to push up housing asset prices

Guardian: Private landlords gain £26.7bn from UK taxpayer

Those who wanted to buy somewhere to live were at a disadvantage compared with buyers who could write off interest against tax. He added: “It’s time landlords started paying more of their fair share so first-time buyers could have a level playing field and the government could have the resources to build more social housing.”

Posted by debtserf @ 01:09 PM (2085 views)
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1. mombers said...

I could spend all morning commenting on this article. Interestingly, there are a lot of commenters there who are obviously BTLers, sitting at home collecting unearned income while the rest of us are at work. Speaking of which, back to work, was reading while I had my coffee and oats.

Wednesday, February 11, 2015 10:35AM Report Comment
 

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