Tuesday 26 May 2015

Reader's Letter of The Day

From The Evening Standard:

Regarding your article on TfL building affordable homes [Comment, May 21], we should follow the example of Hong Kong. Its equivalent of TfL collects so much rent from the offices and flats its metros serve that it runs a surplus, passed on to all residents via very low income tax. Here we read about lucky landowners trousering billions from prices soaring near new Crossrail stations, with the taxpayer footing the bill for construction.

Joe Momberg, Young People’s Party

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