In the absence of the writer submitting alternative numbers from his preferred housing/salary strategy, I don't see a problem with social housing in London if as costly as it is it offers upto 50% return. The glaring issue I see is people not working occupying prime locations. Private ownership would probably not be a saviour as I imagine property businesses snapping them to extort residents and even worse, wealth from abroad buying leaving them empty as investments.
Again, it seems to me the benefit issue we face is the disincentive to work. The system needs to aid those to gain a roof over their head in a prohibitive area whilst also rewarding rather than punishing work.
I think many people dislike the idea that someone poor cant live in the city, and feels like anyone should have a chance.
And most people are also extremely economically illiterate, so the thought of building more houses essentially becomes impossible in their head
Given a bunch of preferences, the lottery system makes emotional sense.
People are gonna object if you change the system, so the proposed solution needs to somehow accommodate these emotional desires while also happening to be effective
If it makes foreigners worse off I don't care, I primarily support selling it all however as hundreds of k immigrants will be turned out onto the street
A council house tenancy can be inherited by a spouse and then a next of kin - you could be waiting 70 years for the home to be allocated on need! Not surprisingly, 10% of social rent households are in the top income quintile.
There's no issue with someone who spent their whole life renting and maintaining a property passing it to a family member if that member has been cohabiting for the final 7-10yrs+. The issue with housing stock is that house building ground to a halt. In fact after Thatcher allowed people to buy their homes the following labour government reduced the building of houses and no government has done anything to tackle it whilst the population has continued to soar.
In the absence of the writer submitting alternative numbers from his preferred housing/salary strategy, I don't see a problem with social housing in London if as costly as it is it offers upto 50% return. The glaring issue I see is people not working occupying prime locations. Private ownership would probably not be a saviour as I imagine property businesses snapping them to extort residents and even worse, wealth from abroad buying leaving them empty as investments.
Again, it seems to me the benefit issue we face is the disincentive to work. The system needs to aid those to gain a roof over their head in a prohibitive area whilst also rewarding rather than punishing work.
I think many people dislike the idea that someone poor cant live in the city, and feels like anyone should have a chance.
And most people are also extremely economically illiterate, so the thought of building more houses essentially becomes impossible in their head
Given a bunch of preferences, the lottery system makes emotional sense.
People are gonna object if you change the system, so the proposed solution needs to somehow accommodate these emotional desires while also happening to be effective
If it makes foreigners worse off I don't care, I primarily support selling it all however as hundreds of k immigrants will be turned out onto the street
Seems like an argument for Universal basic income to me.
A council house tenancy can be inherited by a spouse and then a next of kin - you could be waiting 70 years for the home to be allocated on need! Not surprisingly, 10% of social rent households are in the top income quintile.
There's no issue with someone who spent their whole life renting and maintaining a property passing it to a family member if that member has been cohabiting for the final 7-10yrs+. The issue with housing stock is that house building ground to a halt. In fact after Thatcher allowed people to buy their homes the following labour government reduced the building of houses and no government has done anything to tackle it whilst the population has continued to soar.