Quote: Sal Paradise "
On the rent same thing - no landlord is going to rent to DSS at a discount - they will simply not be able to find anywhere to live - sadly.'"
Or we could reintroduce rent controls, they seem to work perfectly well in Germany and other European countries.
Instead various governments allowed landlords (private and social) to charge pretty much what they liked, hoping that "the market" would naturally re-adjust. That re-adjustment was never going to happen all the time the taxpayer was funding the difference. The previous Labour government made a start with reducing the subsidies paid to private landlords but only when a tenant moved into a new property. This government went further by including social and council tenants and applying the rule to all existing tenants.
If you look at what's currently happening with the New Era Estate in Hoxton, you'll see that nothing has changed. The estate was recently bought by Westbrook Partners, a private equity company whose shareholders include US and Canadian pension funds. Tory MP Richard Benyon's company Benyon Estates finally bowed to public pressure and pulled out of the Westbrook scheme. They (Westbrook) have now given tenants notice that their rents will TRIPLE. Few if any can afford this rise and will be forced not only to leave the estate but some will have to leave London altogether. Those that find alternative housing will probably be paying more than they were at New Era and the difference will be picked up by the UK taxpayer. That, in any so-called civilised society cannot be considered right.