Shelter is calling on the government to cancel the Housing Revenue Account debt1. It asked Savills to do a report on the options for reducing debt. Martin Wicks gives an assessment of the report. Shelter is asking people here to email their councillors, calling on them to sign an Open Letter to the Chancellor calling … Continue reading Cancelling council housing debt
Category: Housing Revenue Account
“Unsustainable (council housing) debt” – cut it or cancel it?
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 They say that £29 billion in “historic housing debt”1 is based on an outdated financial settlement from 2012; that it “sucks away money that could be invested in building new social homes”.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?
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 