Wednesday, 28 November 2018

Home-Owners Get More Government Subsidy Than Social Housing Tenants Or Private Renters

Home-owners get a much bigger slice of government help than renters according to a new report by the Chartered Institute of Housing. Contrary to expectations, an exhaustive analysis of government spending, taxation and regulation of the housing market reaches the conclusion that home-owners are the most subsidised, followed by social housing tenants and then private landlords and renters. It’s the first study to have made such a broad comparison of government intervention in the market, taking account not only of government spending on grants, loans and guarantees, but also tax reliefs, welfare benefits and regulatory mechanisms which aim to stimulate or control the three main routes by which people get access to housing. Read more on the CIH website.
http://www.cih.org/news-article/display/vpathDCR/templatedata/cih/news-article/data/Home-owners_get_more_government_subsidy_than_social_housing_tenants_or_private_renters_new_report

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