8:35 AM, 4th January 2018, About 4 years ago 17
Readers of Property 118 will be familiar with my opposition to Selective licensing. A revenue raising exercise for Bankrupt Councils.
The onslaught on the PRS is now bearing fruit.
The Sky News report in to the homeless crisis in the UK has today released a startling statistic. The Borough with the most acute Homeless problem, where one in twelve of its residents are homeless is the same Borough which was first to introduce selective licensing for the entire borough.
This nonsense together with Section 24 and the generally hostile attitude to Landlords who are called Criminals day in day out by Government and Council honchos.
Yes The London Borough of Newham wins first prize for having more of it’s residents homeless than any other borough. Newham however, will soon have many other Boroughs following its enlightened lead and putting tenants on the streets as landlords, sick of the vilification and constant tax raids, exit the market.
Landlords why bother.
Other jurisdictions outside of the UK offer opportunities. Let us leave the Councils to find accommodation for all PRS tenants. Lets take our hard earned cash elsewhere, to jurisdictions where we are not taxed to death while being called criminals.
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