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By *LCC OP Couple
over a year ago
Cambridge |
Absolutely fantastic to see £200m investment in social housing across the Midlands and the North. Especially good that its going to tenants with disabilities.
https://www.insidehousing.co.uk/news/news/social-housing-reit-exceeds-200m-investment-51274 |
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By (user no longer on site)
over a year ago
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"Absolutely fantastic to see £200m investment in social housing across the Midlands and the North. Especially good that its going to tenants with disabilities.
https://www.insidehousing.co.uk/news/news/social-housing-reit-exceeds-200m-investment-51274"
If it's spent wisely  |
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By (user no longer on site)
over a year ago
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"Absolutely fantastic to see £200m investment in social housing across the Midlands and the North. Especially good that its going to tenants with disabilities.
https://www.insidehousing.co.uk/news/news/social-housing-reit-exceeds-200m-investment-51274"
The headline looks great, but that was as far as I could go without registering!
As Will said, the devil is in the detail! A quick search on Civitas Social Housing plc and this came up...
https://www.propertytribes.com/civitas-social-housing-plc-t-127627735.html
25 year contracts with initial yields at 6%+ and then cpi / cpi+1 annual rent increases...
Highway robbery!! Sounds like the tenants were better off as they were! |
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I've often wondered, why are people allowed to stay in a council house when they earn a good wage? Surely the welfare accommodation should be for those people who need it now, not the people who needed it 20 years previous? |
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