1/ Social rented housing is not subsidised. The running costs of social rented homes are covered by tenants’ rents and service charges. Over the course of a lifetime, many social tenants will more than repay the cost of building and maintaining their home through their rents.
2/ Many other social tenants’ rents contribute to paying off interest on loans taken out by their landlord to build new homes. When it comes to subsidy in the form of housing benefit, it is private landlords who hoover up the most.
3/ It cost the tax payer £205.60 per week for an average London private tenant’s housing benefit in 2019. This is 70 percent more than the average London council tenant’s
benefit, of £121.30 per week.
You can follow @MunicipalDreams.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.