Thursday 18 July 2013

"When we pay rent to our MPs, we have a problem"

From The Guardian:

... there's a glaring omission from any discussion of a property market so distorted and unequal that a report published this week showed a third of the country is effectively off limits to families on an income of less than £22,000. (Not off limits in the sense of buying, you understand; that's been the case for years. Off limits even for renting.) And of the fact that this same property market – in terms of its legislative oversight, financial regulation and taxable structure – is overseen by a parliament in which a third of MPs are buy-to-let landlords.

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