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Council housing
Comments
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sevenhills wrote: »Councils don't make a profit on any other service that they provide, why should it happen when selling council houses?
That isnt true. Councils can acquire whatever business interests, property or other. The decline of shops on the high street is partially attributed to high rental prices.
Various councils now are being much more business like in order to avoid cuts and redundancies. Their role is to serve the public.0 -
my house is ex council but i'm not sure when it was originally bought off them, I'm guessing 30/40 years ago. Problem now is that either side of us are still council houses. This has had such an impact on selling our home. We even wrote to the housing association begging them to buy it back, but of course they wouldnt.
We had no problem buying here as the area is quiet and the attached neighbour was an elderly lady. When she died, an awful family had her house causing us to move.
Finally sold for 15,000 less than the estate agent put it up for.0 -
^ Which is why a proportion become buy to let. Cheap purchase price giving a good yield. Problem neighbours aren't much of a problem if you don't live at the property.1
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Thomasevans10012 wrote: »Why do council tenants get huge discount when they buy their council house? I think it is very unfair.
Why? Because that's the law. If you think it's unfair, vote for a political party that will change the law. Note though that Labour were in power for 13 years and could have scrapped Right To Buy, but they didn't.0 -
My partners grandfather bought his for £10600 in 1985, and in the same year bought a large piece of council land for £350 and turned that into a massive garden. He sold it in 2008 and now me and my parner are in the process of buying it all back
(£151,000) 0 -
sevenhills wrote: »Just like Corbyns promise to scrap university tuition fees altogether.
I know that it's annoying when the truth gets in the way of a good story - but he never said he would, sorry
Gather ye rosebuds while ye may0
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