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2025-03-02 10:20:49
in reply to

MW1CFN on Nostr: nprofile1q…s60lz I've been a long-term (20+ years) critic of 'affordable' housing, ...

I've been a long-term (20+ years) critic of 'affordable' housing, where prices are pegged to, typically, 75% of open market prices.

Trying to point out to local authorities that, no, 75% of £260k is nowhere near affordable and that this level of house price is anyway undesirable, simply draws angry faces that won't listen.

Not surprising; their mates are 'social housing' developers, privately owned by ex-council staff, providing rental housing to poorer people. It stinks.
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