Why should I (and all taxpayers), have to subsidise (insufficient) council housing being sold off but private landlords get their mortgages paid by renters with no right to buy
Either there should be a right to buy rented housing, or not.
These Tory double standards !
Lets just walk this idea of yours through a little...
Council/Social Housing
- Points based system geared towards the most needy being prioritised
- Rents kept low or subsidised.
- Often long term or life long
Private Rental sector
- Rents based on Market forces
- No means testing
- Typically short term
Subsidised Private Rental
- Council Subsidises rent.
- Rent is low in exchange for guarantee
Then lets look at this "renters paying the mortgage" claim
take a £245k flat, with a £950-1100 a month rent
with a 10k deposit, the monthly mortgage is around £1,500 on top of that I have maintenance, ground rent, building insurance, landlords insurance and any costs for repairs. Thats another £200 per month.
Explain how the tenant is paying the mortgage?