82,000 social rented homes hijacked to pay for ‘affordable rent’

Reblogged from Red Brick:

Summary:

Following FoI requests, the price of the 'Affordable Rent' programme is becoming clear.  

  • The average ‘affordable rent’ per unit will be £6,909 a year, ranging from  £5,195 in the North East and Yorkshire to £9,487 in London (over £182 a week).
  • More than 82,000 social rented homes will be hijacked – ie ‘converted’ to ‘affordable rent’ in England - to inject an estimated £90 million a year into the scheme to help pay for it.

Read more… 922 more words

Just because you have the Word "Affordable" it doesn't make it so! - We need "Social Housing" in this country - a Home available to everyone who needs it, NOT just those enforced "needy" or the wealthy - What about the Working class/Low to middle income earners... This is a shambolic travesty! Excellent Post!   Its Already BEGUN - Bet you didn't see this in the news as you were looking the other way  at the OLYMPICS & FOOTBALL The typical trick of Miss-direction! Shameful if we as a people let it continue! Facebook
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One Response to 82,000 social rented homes hijacked to pay for ‘affordable rent’

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