Property News · April 19, 2016

Affordable housing sell-off 'would add £4bn to benefit bill'


Labour says sale of council and housing association property will force poorer people into expensive private rented accommodationThe government’s proposed sell-off of thousands of affordable homes could add more than £4bn to the housing benefit bill over the next 30 years, Labour has claimed. The sum emerged from an opposition analysis of the housing bill, being debated this week in the House of Lords. The bill calls for the sale of low-rent housing, which the housing charity Shelter has estimated will mean the loss of 19,000 council homes and 66,500 housing association homes. Continue reading…

Source : theguardian.com
Read more…Affordable housing sell-off ‘would add £4bn to benefit bill’