#AceFinanceNews – Editors Post:BRITAIN:July.19: A self-made housing crisis that has profligated by government after government – intention to build affordable homes – achievement, no building controls, no control over who gets a home.The ones who get to buy these homes are property portfolio investors, the upshot is the cost of rent to private or even council tenants, paid of course by taxpayers.
Having lived in the UK all my life, l have seen this from the funding end and also from the purchasers point of view, affordability is based on property prices and those who can afford their home are the likes of Lord Rogers – Architect family background Who will l am sure make a real killing out of this suggestion, even though as we know it will not be clearly shown. So here is his and the YMCA proposal:
Well Campaigners have called on ministers to ‘get serious’ about the country’s housing crisis after a government report revealed private renters in England spend almost half their income on rent.
Housing charity Shelter said on Friday that private renters are being forced to carry the burden of the nation’s “dramatic” housing shortage.
Tenants across England spend an average of 47 percent of their after-tax income on rent, according to the annual English Housing Survey published in February.
In London this figure is even higher, with people spending an average of 73 percent of their pre-tax income on rent.
So there you have this Lords plan girded by of course making sure you create a housing crisis in the first place, allowing you to solve it as they are proposing. With the aptly name Y Cube (or should it be Why? Cube) and who gets to benefit well read this and tell me your news and views!
Contributions: RT – Ruptly Video
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