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Old 03-25-2018, 07:42 AM  
Paul Markham
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Join Date: Jun 2001
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Quote:
Originally Posted by MrBaldBastard View Post
I'm not fully versed on the UK problem, but after a quick glimpse at that article is seems the same as Sydney. Public housing was built in poor suburbs, because that's where it's needed the most. Over time the city spreads and those poor suburbs become very rich suburbs, houses that were built for thousands of dollars are all of a sudden worth many millions due to their location. Some of these places have people who have lived in them for 30 years plus! all on Government hand outs. Often the amount deducted from their benefit would of been more than enough to payout the mortgage if the tenant had purchased it at the start. When they have lived their for 30 years.. they certainly do consider the places their homes: Do note.. they're all whingeing long term social benefit pricks. ;)

New public housing needs to be built in new shitty suburbs and they are funding a lot of it by selling off those inner city houses where often the prices fetched, can build 4 or more new houses. Boohoo to anyone that's lived there 30 years.
Everywhere in London has a problem, rents, house prices are rocketing. So the workers on a decent wage are forced to live outside London if they want to buy a house. While those on benefits are sitting on benefits expecting to live in areas they can't afford.
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