Google dame Shirley porter the witchOriginally Posted by Harley wrote on Sun, 01 March 2015 21:08
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According to the Mirror a third of all ex council properties are owned by rich landlords one ex Tory minister at the time of the Thatcher sell off owns 40 ex London council flats ðŸ˜*
Google dame Shirley porter the witchOriginally Posted by Harley wrote on Sun, 01 March 2015 21:08
Out of interest what demographic likely be council tenants who were allowed to buy their council houses?
Tory ****sOriginally Posted by TruBlue wrote on Sun, 01 March 2015 21:53
It seems that some council tenants bought their houses and decided to make a quick profit by selling them to the highest bidders. I don't think anyone had their arms twisted.
Tory ****sOriginally Posted by ZZ Jack wrote on Sun, 01 March 2015 22:44
Why wouldn't a disabled person in Grangetown not want to buy their property at a reduced rate?Originally Posted by SLUDGE FACTORY wrote on Sun, 01 March 2015 22:52
With so many people on zero hour contracts how does anyone get a mortgage these days?
http://www.dailymail.co.uk/news/article-2968319/Britain-s-ze ro-hours-economy-exposed-Extra-100-000-people-relying-jobs-w ithout-guarantee-work-make-ends-meet.html
I was working for the council as a carpenter when it all happened
While it was never right to sell off the housing, alot of the tenants did well out of it ( in the small world they lived in ) some had nice holidays, some purchased new cars, but the vast % who sold them off to the private landlords all ended up back in affordable housing
There is a new 'Right To Buy' spike going on with the Con-Dems massive new discounts kicking in - now up to £77,000 per home (£103,000 in London) and due to rise further.
I think that the total number of Council homes sold under RtB is now over 2 million - and a third of them are now rented out by private landlords at rents much higher than Councils (or Housing Associations) want to or can charge - and that means a higher housing benefit bill for 'the taxpayer'!
Since 2010 for every 7 Council homes sold under the RtB legislation, only one has been replaced. That isn't because Councils don't want to purchase/build new Council homes - it is the way the debt and funding rules work, even under the (better) Self Financing Housing Revenue Account regime that the coalition inherited from Labour.
The Tory Party of Home Ownership has created a situation where not only are Council housing numbers the lowest for 2 generations, but owner occupation is at its lowest level for 25 years at 65%. Private landlords with big rents are the winners in all this - with tenants, Councils and Joe Public paying for it all.
I saw an press item recently that said last year Harrow Council had to spend £500,000 a year renting back from private landlords 35 homes previously sold under the Right To Buy, in a desperate and very expensive attempt to find enough accommodation to meet its statutory duty to house homeless families in the borough.
Madness!
Dont forget john prescotts son.Originally Posted by SLUDGE FACTORY wrote on Sun, 01 March 2015 21:49
Why didnt the last labour government change the rules on funding during their 13 years in power,did they forget?Originally Posted by jon1959 wrote on Sun, 01 March 2015 23:24
It's a double edged sword, house prices have to be kept artificially high at all costs, otherwise the country will default on it's debts. Also getting the tax payer to pick up the tab for excess housing costs suits some peoples political agenda.
On the other hand - all those families who bought - had their own house - which they had already been living in for years.
If they had not sold then you would have had the headline from the Mirror saying millions of families stuck in Council houses as they can no longer afford to buy.
There was a program on Radio5 about this very subject yesterday - whatever the party in Govt they would have been fecked if they did and fecked if they didnt - as house price inflation would still have happened
House price inflation has ruined this country as as we have borrowed ever increasing amounts using the debt of home-owners over-valued assets as collateral. When the bubble finally bursts it will be a lot worse than the sub-prime crisis. When you combine tax payers debt, home-owners debt, student debt, household debt, there is no way we are getting out of it.Originally Posted by Jimmy Jimmy wrote on Mon, 02 March 2015 09:29
Thatchers greedy property owning democracy will bring this country to its knees , you ain't seen nothing yet
Tell me you are not that ****ing stupidOriginally Posted by TruBlue wrote on Sun, 01 March 2015 22:56
Her kids were smart, they took the money and run.Originally Posted by SLUDGE FACTORY wrote on Mon, 02 March 2015 13:00
Why ? Did he try and force loads of poor people out of their homes, cook the books and feck off abroad to evade prosecution ?Originally Posted by goslow wrote on Mon, 02 March 2015 06:30
Ah, you are just assuming a disabled person is low paid. How rude.Originally Posted by SLUDGE FACTORY wrote on Mon, 02 March 2015 13:02
http://news.bbc.co.uk/1/hi/uk/politics/64534.stm
Auditors probe Prescott son's house deals
Granted he was not in the same league as Porter though - a thoroughly unlike-able person - who I dont believe ever came back to he UK
Of course, many tenants bought their homes for just the greed aspect, but not all.Originally Posted by SLUDGE FACTORY wrote on Mon, 02 March 2015 13:00
How did she avoid prison?Originally Posted by SLUDGE FACTORY wrote on Mon, 02 March 2015 13:05
I had an argument about this with sludge a while back, I bought my own home of the council for £27000 and sold it for £137000 although at the time I was thinking about my family and another step up the property market etc I beleiev what sludge says is going to be correct, my old home is now owed by a landlord who has tenants living there claiming benefits. It's was a big mistake selling council homes IMO but at the time I bought it I thought it was a great idea not so sure now
Also, three times disgraced and twice re-elected Lord Mandleson.Originally Posted by goslow wrote on Mon, 02 March 2015 06:30