8. (2013 August) Likeable Link: Private Landlords Taught Me How to Get Rich Exploiting The Poor

“I decided to be pro-active and head to the Property Investor Show at London’s Excel Centre. As the name suggests, it’s a show for property investors, where they all congregate in a big hall and explain the benefits of letting out poky, one-bed flats in Croydon to weird povvos who can’t get on the housing ladder.

I wanted to get a better insight into why property is so pricey that our city centres are becoming playgrounds for [rich landowners] while the poor are taking up arms and setting up burning barricades to stop bailiffs kicking them out of their homes…

Institute for Public Public Policy Research, for every pound it spends on building houses, the government is spending £19 on subsidising rent. So things are seemingly still geared towards propping up landlords rather than making sure there are enough homes.”

 

Full article:
http://www.vice.com/en_uk/read/i-learned-how-to-make-it-big-on-the-property-market

 

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