Wednesday, May 27, 2015
Shelter trying to frame a longstanding issue in a new light
'Ã¢Â€ÂœTo discriminate against landlords and remove these reliefs, which are offered to other businesses, would cut a swath through their profitability calculations and prompt many to sell up and invest elsewhere. That would mean even higher rents for those forced to chase after a shrinking pool of rented housing,Ã¢Â€Â he warned.' Who does this idiot think the houses would be sold to, if not the wealthiest tenants, whose removal from the pool of people looking for flats to rent would surely push demand down by as much as supply, in quantity terms, and more so in price terms, since wealthy people are prepared to spend more on rent? I'm really sick of this nonsense going unchallenged in the press.