Saturday, August 20, 2016

Equivalent to Hinkley Point C every two years

Private landlords double housing benefit haul to £9.3bn

Private landlords in the UK received twice as much in housing benefit last year - £9.3bn - as they did a decade ago, a report says. The National Housing Federation (NHF) study said the increase was due to a big rise in the number of private tenants claiming housing benefit. The NHF said this particular group of people had grown by 42% since 2008. In 2006, some £4.6bn in housing benefit was paid to private landlords, a figure which had more than doubled by 2015. NHF chief executive David Orr said: "It is madness to spend £9bn of taxpayers' money lining the pockets of private landlords rather than investing in affordable homes."

Posted by quiet guy @ 08:42 AM (3623 views)
Please complete the required fields.



3 thoughts on “Equivalent to Hinkley Point C every two years

  • It’s true since Feb 2013 the numbers receiving benefit has reduced from 5.1m to 4.7m. I wonder why that is ?

    Reply
    Please complete the required fields.



  • That is the problem with markets. When you pump them with money, you get inflation, which is why the only way to pump money in and not have this outcome is to have Council housing. That is the only way to get good value for money from tax cash. Let the market exist on the one hand and Socialist housing exist in another parallel universe. Merge the two and you get a frankenstein monster. Lest we forget that a privately owned, government funded and controlled economy is what Mussolini promoted as Economic Fascism.

    Reply
    Please complete the required fields.



  • Er, that’s what we’ve got libertas. Privately owned assets, principally land, funded by govt QE and favorable tax treatments for the wealthy, and effectively controlled by the beneficiaries.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>