Monday, August 22, 2016

"Madness to spend £9 billion of taxpayers money lining the pockets of private landlords"

Well said David Orr. Not that often I say that.

"Landlords paid £9bn in housing benefit
A study from the National Housing Federation (NHF) shows that private landlords are being paid £9.3bn in housing benefit this year, up from £4.6bn in 2008. In the same period the number of private renters receiving housing benefit has climbed 42% from 1.05m to £1.49m. The study shows that it costs £21 a week more to house a family in a privately-rented property home than in a social home, £110 on average compared with £89. The total housing benefit bill has risen from £17.4bn in 2004/5 to £24.7bn in 2014/15. David Orr, chief executive of the NHF, said: "It is madness to spend £9bn of taxpayers' money lining the pockets of private landlords rather than investing in affordable homes.”

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