The ‘super rich’, wealthy domestic and foreign property
developers and ‘old money’ aristocrats are cashing in on Britain’s housing
crisis, while 1.8 million households languish on council waiting lists. These
are the stark conclusions in a briefing by Unite, the country’s largest union,
over fears that property developers could stitch up deals that would hit
council tenants and leaseholders in London and elsewhere in the country. “Unite
believes that councils and public bodies are pressurised by a combination of
government, developers, and funding cuts to use publicly-owned land for
majority-private housing development.” Read more on the Unite website.
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