Not really just the "conservatives" more like "the developers"
And to be fair any company (other than a registered provider) that buys a block of flats like that for open market value will need to get maximum returns for it because that is how companies work - to make money for their shareholders.
That whole situation seems a bit strange though because the rents those people have been on suggest that it was social housing (or maybe Council housing) and normally the rents for any such housing are restricted by statute (if owned by a registered provider) or by legal agreements. It is therefore a bit strange that its been sold to old tory boy on the open market and the new owner does not appear to be subject to any rent restrictions. Perhaps the fault actually lies with Hackney Council which i presume is labour!
Posted By: Jim on June 30th 2014 at 12:09:33
Message Thread
- The Conservatives (General Chat) - pants, Jun 30, 10:58:52
- Not really just the "conservatives" more like "the developers" (General Chat) - Jim, Jun 30, 12:09:33
- If only Labour had done something about rising house prices while they were in power (n/m) (General Chat) - Ben, Jun 30, 11:17:13
- The number of new builds is still less than it was in 2010 (General Chat) - King, Jun 30, 11:26:50
- The Government needs to sort out its empty homes policies (General Chat) - norway, Jun 30, 11:38:33
- should be some new higher and lower bands of council tax (n/m) (General Chat) - Larry Hagman, Jun 30, 11:53:26
- build more crap houses.... the smallest room sizes in europe. (General Chat) - phrankin, Jun 30, 11:30:47
- the most crowded country in Europe ..... (n/m) (General Chat) - paulg, Jun 30, 11:53:35
- not true (n/m) (General Chat) - phrankin, Jun 30, 12:10:12
- It isn't though. (n/m) (General Chat) - norway, Jun 30, 12:01:25
- not far off .... (General Chat) - paulg, Jun 30, 13:00:25
- 'England' is damn close (General Chat) - phrankin, Jun 30, 12:11:32
- the most crowded country in Europe ..... (n/m) (General Chat) - paulg, Jun 30, 11:53:35
- The Government needs to sort out its empty homes policies (General Chat) - norway, Jun 30, 11:38:33
- Just a shame the tories cannot implement proper centre right policies (General Chat) - phrankin, Jun 30, 11:25:25
- The number of new builds is still less than it was in 2010 (General Chat) - King, Jun 30, 11:26:50
- this... (General Chat) - Larry Hagman, Jun 30, 11:14:29
- All inherited wealth, just a month ago, and a family connection to his seat in parliament (General Chat) - phrankin, Jun 30, 11:27:05
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.