MoD ‘Effectively Subsidising Low-Cost Housing’

The Ministry of Defence is “effectively subsidising low-cost housing”, should its land be sold below market price, the House of Lords has heard. Tory peer Lord Hamilton questioned whether such a situation was right when the MoD is one of the biggest landowners in the country. “Some of its land gets sold off for development – it is sold below market price. The (MoD) is effectively subsidising low-cost housing across the country,” said Hamilton. Read more on 24housing.

https://www.24housing.co.uk/news/mod-effectively-subsidising-low-cost-housing/