by
Anna Minton
77
From Bricks to Benefits
0
terms
1
notes
92
[...] More than 40 per cent of the entire housing benefit bill goes straight into the pockets of private landlords. The money is not reinvested in housing, although this booming market is driven by demand from councils who desperately need the properties because they don't have enough social housing. The result is that nearly every local authority operates private sector leasing schemes, leasing back former council properties from private landlords--at huge expense.
the sheer inefficiency of "subsidising" private services rather than investing in public services is staggering
all this really accomplishes is allows private landlords to accumulate savings (because ofc they're charging way more than they need to, because the market can bear it) in exchange for doing very little
[...] More than 40 per cent of the entire housing benefit bill goes straight into the pockets of private landlords. The money is not reinvested in housing, although this booming market is driven by demand from councils who desperately need the properties because they don't have enough social housing. The result is that nearly every local authority operates private sector leasing schemes, leasing back former council properties from private landlords--at huge expense.
the sheer inefficiency of "subsidising" private services rather than investing in public services is staggering
all this really accomplishes is allows private landlords to accumulate savings (because ofc they're charging way more than they need to, because the market can bear it) in exchange for doing very little