Thursday, 21 April 2016

Reader's letter of the day

From yesterday's Evening Standard:

It seems that the British Property Federation is salivating at the concept of "build to rent" (Letters, April 18) and misinterpreting Simon Jenkins's article (April 15).

All the evidence shows that builf-to-rent will not make any difference to the housing crisis - over the past 20 years, the stock of landlord-owned homes has increased by more than the number of new homes built.

The BPF regularly speaks out against higher property-based taxes - the very idea Mr Jenkins suggests would lead to a far more efficient allocation of housing.

Mark Wadsworth, Young People's Party.


mombers said...

I would say that increasing the proportion of private rentals run by companies rather than 2m amateur BTL clowns would be a good idea. But of course an external change to the taxation system would vastly improve the quality of digs, regardless of tenure or ownership...