Shelter is calling for the government to “remove the historic debt local authorities owe to the government” for council housing. They say that £29 billion in “historic housing debt”1 is based on an outdated financial settlement from 2012; that it “sucks away money that could be invested in building new social homes”. Shelter calls for … Continue reading “Unsustainable (council housing) debt” – cut it or cancel it?
Category: Housing Revenue Account
Above inflation rent increases can’t compensate for under-funding of council housing
Driving up rent will impoverish tenants, it won't resolve the council housing funding crisis. In explaining our opposition to 10 years of above inflation rent increases and 'rent convergence' (No to 10 years of above inflation rent increases – Labour Campaign for Council Housing ) we said that “These policies are a substitute – to … Continue reading Above inflation rent increases can’t compensate for under-funding of council housing
Labour Campaign for Council Housing 