Showing posts with label Natalie Bennett. Show all posts
Showing posts with label Natalie Bennett. Show all posts
Wednesday, 25 February 2015
If only Green Party Leader Natalie Bennett had had the figures at her finger tips
The Green Party proposed to spend £5 Billion on affordable housing for rent - that would be paid for by ending tax relief for buy to let and other landlords.
2013 figures from Her Majestys Customs and Revenue (HMCR) show that private landlords claim £5.31 billion a year in mortgage interest and other financial costs and £7 billion in other tax deductible cost including repairs, letting fees and insurance. So the green party could have got another £7 billion !
At the moment the Governments spends less than £1 billion a year on the affordable homes programme.
Typically Natalie was interviewed by a right-wing radio presenter who had no ideas about the figures either.
Who could imagine that the Government hands out £22 billion a year in Housing Benefit (largely to private landlords) and a further £12 billion in tax reliefs to private landlords yet spends such a piddling sum on houses for rent and most of them are at 80% market rent and not what used to be called affordable rents.
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