Quote:
Originally Posted by TheDaddy
That's not a subsidy, no one is making up the 200 pounds a month
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The cost of building them in the first place is subsidised.
---------- Post added at 21:44 ---------- Previous post was at 21:43 ----------
Quote:
Originally Posted by TheDaddy
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.
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The subsidies and grants are still in place today.