What folks don’t understand well is that a) the majority of people in council housing are working as b) the rents in some areas are almost at parity with private rents for properties of the same size. With housing associations, new builds are often completely at parity (my sister’s HA new build was a case in point here), the difference comes in the application of housing benefits, for which private landlords will discriminate renters in receipt of benefits thus removing them from the available local housing stock (HA, council & private in total) for some of the most in need.
The truth that is hard to swallow is housing is now seen as an asset, not a home. Private renting is dominated by landlords who have a portfolio for profit rather than homes for rent.
Some areas of the UK, particularly in the south west, locals are priced (and physically forced) out of an area due to second holiday homes & AirB&Bs. Houses that for the winter season will stand mostly empty, or irregularly occupied.
And what about homes which are empty & have fallen in to disrepair and are thus assets rather than occupied homes?
Or take a wander down Bishop’s Avenue, one of the most expensive roads in the UK. Most are foreign owned, unoccupied huge properties, or decrepit, derelict edifices.
The balance of wealth is so skewed that a roof over a family’s head is second to making a profit for an owner (the ‘should I raise my tenant’s rent because they had a pay rise’ thread here is a good example here).
The sell off of council houses started by Thatcher didn’t help this. Councils had to ring fence their money from house sales & they were not allowed to use it for building new stock. The Northern Rock saga, financial collapse & pension raiding in the 2000s really compounded the ‘houses are assets for profit not homes’ mentality in the UK.
(Our council’s ring fenced profit was raided after they lost a multimillion ££ court case to a property company, obvs I can’t say what, but it was typical councillor took a bung, backfired spectacularly, council fucked, reduced their portfolio, my workplace ended up as a pile of rubble & sold off for building homes that were snatched up by private landlords).
How many years have we had a government that have a ‘greed is god’ mantra now? I’ve always been a Labour supporter (I even blew off an Oxbridge place for one at Warwick; we had a minutes silence in a full course education lecture when John Smith died), but we have to be honest in that good old Gordon as PM sold our gold, helped crash the banks & nudged the snowball that has been rolling downhill since 2007, increasing house prices as the ‘pension pot not a home’ snowball governs house prices today.
As unsavoury as it sounds, a housing crash & high interest rates may be the only way to rebalance the scales. Add in affordable housing (not just affordable council housing stock). No one should be paying a 9x joint salary for a home. It’s ridiculous. How many threads on here are about financial stress, childcare issues around work, worries about the increase in the interest rates? If homes cost 3x salaries aa they have been in the past, would those pressures we write about here not be relieved, even just a little?
And yeah, Brexit is a factor here; more expensive matériels being imported for vastly more, transport costs higher, & loss of EU tradies equals the basic costing of building a property is inflated. Even a kid could understand that one.
TL;DR - housing should be homes, not assets for profit, greed is bad, house prices are over inflated, 2nd homes are bad (not including incidental second homes via inheritance, moving for work etc) ditto AirB&B & holiday homes, and this govt is all about greed.
And;
tl;dr’s tl;dr, F*ck the Tories.