When Labour left power in 1979, 42 per cent of Britons
lived in council homes. Now it’s under eight per cent. So we subsidised a small
minority of people to buy their own homes instead of helping others get a roof
over their head. And here’s the kick. More than 30 per cent of those ex-council
houses have been sold to private landlords who now charge a fortune renting
them back to the poor. So we end up paying over the odds in housing benefit
when it would have been better to fund housing associations and councils to
build more social housing. These discounts and subsidies wasted more than
£40billion of taxpayers’ money. They have created record levels of homelessness
and B&B households. Read more on the Sunday Mirror website.
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