London tenants to protest at auction of social flats worth £7.2m
Quote:
In the last Savills auction in February, more than 15% of the lots were sold by social landlords, including a two-bed housing association flat in Bayswater sold for £603,000 and a housing association flat in Paddington belonging to a woman who was forced to move after her housing benefit was cut by the so-called bedroom tax.
These sales are part of a wider trend that has seen some housing associations sell off social housing in high-value inner city areas in order to fund new developments, which tenants claim are frequently let at close to market rents, or even sold on the open market to private buyers.
|
So people living in $900,000 properties want someone else to pay for it.
Because of mass migration and the government unable to raise enough money to build adequate housing to supply the demand. The people living on benefits or low wages want to stay in their houses while others suffer.
What a great socialist attitude.