agentundercover
Active Member
http://research.dwp.gov.uk/asd/index.php?page=hbctb
4.8 million on housing benefit. £1 billion spent every 17 days.
Remember though that the tenants themselves see none of this taxpayer money. The money goes straight to the parasitic Buy-to-Let landlord. We are essentially paying off his speculative investment. The young, of course, can not afford to buy a house because of these legions of BTL goons filling their boots.
That is largely bolloc ks. Many BTL landlords have been taken to the cleaners. They were not the main cause of the property boom / bust.
They have taken a risk and recieve a return. Many have lost stacks in the crash, as many bought on tick.