George Osborne is set to charge full market rent to social housing tenants who earn over £40,000 in London and £30,000 everywhere else .This is a ridiculous idea ,all it will do is encourage people to stay on a lower wage so they keep the lower rent ,exactly what happens with tax credits.He says he wants to end the practice of higher earners benefiting from cheap subsidised rents,my council rent is neither cheap nor subsised it is exactly where the local market says it should be as I suspect most areas will be simply because that is how the LA's and associations set their rent levels ,London possibly being the exception
The other issue is why the hell should a working person receiving no benefits pay more rent that his next door neighbour who is on the dole
http://news.sky.com/story/1513430/cr...-house-tenants