what do the property investors think of this, page-12

  1. 36,155 Posts.
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    " how about government housing like it used to be, where people pay rent to the government on a scale relating to how much they earn "

    Falcon ,

    I would say that there is a couple of major reasons .

    The amount of investment in building those homes and then the upkeep . We simply don't have the money . Also , who would build them ? We'd probably end up with the government school hall program debacle all over again.

    As to rent proportional to what they earn .
    Isn't that what the NRAS scheme is doing ?
    As a lot of people are anti welfare already I don't think that would fly .

    Btw . You still haven't answered regarding selling your house seeing as you think property is about to crash ?
 
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