Call me Cynical?

If 47% of PRS landlords are not selling ‘Nearly half of landlords won’t sell properties – survey‘ then 53% have either sold, are selling or will be selling = fewer PRS rental properties.

If there are fewer PRS rental properties young people who have finished tertiary educations will have to move back home – unless finding work with a massive salary, and those not enrolling in tertiary education, means that fewer young people will be claiming housing benefit = saves the Treasury lots of money.

If there are fewer PRS rental properties and sons/daughters have to remain in parents’ homes, as they can never afford market rents unless they marry/civil partnership/relationship = live-in carers for elderly parents. This will save the Treasury money as there is no need to pay PIP or Attendance Allowance; may mean fewer LA Care Homes etc etc.

If there are fewer PRS rental properties and sons/daughters have to remain in a single parent’s home, as can never afford market rents unless they marry/civil partnership/relationship, then the parent’s single person Council Tax discount would not be claimed = more money for Local Authorities so less money the Treasury needs to give to LAs.

If there are fewer PRS rental properties and young people and 30-40 somethings have to remain in parents’ homes what’s the betting that Council Tax based on property will at sometime be abolished and a Poll Tax introduced? This would raise more money for Local Authorities than the current Council Tax so less money the Treasury needs to give to LAs.

Judith