Wednesday, April 15, 2015
More Tory subsidised selloffs
Thatcher's "Right to Buy" was unrivalled in offering such poor value to taxpayers, who paid for building council houses, subsidised the massive discounts when they were sold at a loss, and missed out on the rental income as a third of ex-council houses ended up in the hands of private landlords. Councils are now forced to pay private landlords high rates to house their homeless families. Now Cameron wants to extend this scheme to Housing Associations. Did you hear that, private tenants? Your taxes will be used to subside a relatively small number of tenants who are already in secure, affordable accommodation to obtain a valuable asset. Meanwhile youÃ¢Â€Â™ll carry on paying sky-high rents for a highly insecure one-year tenancy. Does that sound fair?