Saturday, 12 January 2013

They own land! Give them money!

Katy John from Priced Out linked to this corker from Housing Minister Mark Prisk:

So before Christmas I launched the £200million Build to Rent fund, which will help give developers the freedom to expand their businesses beyond the traditional sale market and into homes built specifically for private rent.

Sweet, so he is using taxpayers' money to subsidise people who want to collect more rent [privately collected tax] from the same people as are already paying the [publicly collected] tax.

Thankfully, £200 million is not a huge figure, but it's the principles (or lack thereof) which matter.

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