This will be because the government is capping housing benefit, which will eventually leave it inadequate to help pay for accommodation of any kind; the squeeze on local authority spending; the rise in unemployment and the repossessions that will surely arrive soon; generally rising mortgage rates,
John Redwood responds Ben Chu Independent Eagle Eye Blogs, though that will be slow to feed through; and a shortage of social housing.
FSA’s plans to protect homeowners from dodgy sale and rent back agreements are admirable, but they won’t do anything to prevent a wave of homelessness hitting the country in the coming months and years.
The basic problem is that we haven’t been building homes for the poor for a long time now, and the stock of council houses was sol d off long ago. It may well be that as a society we can no longer afford to give everyone a roof over the heads; but the consequences will be extremely distressing.
Tagged in: benefits, cuts,
The sullied name of Suriname Tim Sturtridge Independent The Foreign Desk Blogs, fsa, homelessness, homeowners,
The Solo Voyage Diaries Won’t you Charleston with me Chris Stanmore-Major Independent Sport Blogs, recession
Recent Posts on Eagle Eye After the AV horse has bolted ...David Cameron's meaningless tribute"Why I,
Christian Louboutin shoes uk, a Conservative say Yes to AV"Now it's really personal: Prescott savages KinnockGoldman Sachs cannot see the future