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verystripeyzebra
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Comments by "verystripeyzebra" (@verystripeyzebra) on "How to fix Britain's broken housing system | London Renters Union explains" video.
@MnemonicNex if your tenant receives housing benefit who is paying off the mortgage, the tenant or the government. If its the government surely social housing makes more sense as the government own the asset.
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Private landlords have a valuable role in a balanced housing market. But we don't have a balanced housing market. Buy yo let landlords hoarding a rare resource, getting their tenants to buy an extremely valuable asset for them because they are unable to match bids when trying to buy their own property. The system is broken. Treating a rare resource as an investment opportunity without adding to productivity is indeed a problem. If they want to invest, invest in business, not a rare resource that is a basic need in life. You may be the best landlord in the world, but in the àbsence of a balanced market you are part of the wider problem.
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Especially those getting the government to buy an extremely valuable asset for them via housing benefit.
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