Quote:
Originally Posted by papa smurf
rent at £200 pm lower than that which can be attained for the property he rents , we seem to be going around in circles here which ever way you look at it council rents are subsidised and way cheaper than comparable property on the private renting market .
|
Another way of looking at it is pretty much all council housing was built thirty, forty, fifty plus years ago, any subsidy that was spent by government building them has been repaid many times over and what marty could well be doing is giving the council pure profit each month. Council housing is a national asset that pays hundreds of millions into the system each year and how do we treat it, as something to be given away for peanuts under right to buy schemes and I really wouldn't compare the market if i were you, it's been manipulated to such a degree the economic rules of market forces and supply and demand no longer apply.