The £79bn Housing Subsidy Rip-Off Must End
The biggest item of note in Andy Burnham’s recent devolution speech was his commitment to ‘the biggest council house building programme since the post-war period’. It is estimated such construction will cost the taxpayer up to £13bn a year. This is merely the tip of the iceberg, however. Research released by the Centre for Policy Studies shows the state is already implicitly subsidising social housing rent to the tune of £43bn every year and paying out £36bn in housing benefi
Charles Amos
3 hours ago
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