I know people in this road who voted Tory because of this bribe. I can't blame them.
FT is always worth a read. Pity its so expensive and the online version is pay site.
The Trust was founded in 1862 by London-based American banker George Peabody, who in the 1850s had developed a great affection for London, and determined to make a charitable gift to benefit it.....
in a letter to The Times on 26 March 1862, he launched the Peabody Donation Fund, with an initial gift of £150,000. The aim of the organisation, he said, would be to "ameliorate the condition of the poor and needy of this great metropolis, and to promote their comfort and happiness". The paper reported, "We have today to announce an act of beneficence unexampled in its largeness and in the time and manner of the gift". Shortly before his death in 1869, Peabody increased his gift to a munificent £500,000.
The Peabody Trust was later constituted by Act of Parliament, stipulating its objectives to work solely within London for the relief of poverty. This was to be expressed through the provision of model dwellings for the capital's poor.
Wolf assumes that his view that "its not the job of government to fulfill all the aspirations people possess unless doing so responds to a fundamental social need" is just commonsense. He is a technocrat who believes in "apolitical" policy making.It is of course the usual context-free "apolitical" (i.e. political) stuff, refusing to look at why any of these policies come about. Nothing about, say, a good slice of the motivation being to continue the bubble—a very important economic issue, one would have thought.
He seems to misunderstand the nature and funding of Housing Associations. But his point that tenants who are lucky enough to have social housing, and the resources to use RTB turns social housing into a lottery game at entry level and at RTB level. Not to speak of subsequent leakage into the Buy to Let market - at further massive potential cost to the tax payer.FT is always worth a read. Pity its so expensive and the online version is pay site.
Martin Wolf changed from being an advocate of Thatcher/ Reagan "free market" to returning to Keynesianism. He has been critical of austerity economics.
He misses the point imo. The Tories want to destroy social housing. Its main aim is not a bribe. Its to destroy the idea of social housing as its developed over the last hundred years once and for all.
He is right to say RTB played a role in reducing Council housing building. Now they want to get rid of HAs.
He is also right to say "it amounts to nothing less than the expropriation of private property".
A lot of this housing belongs to organisations who started out from philanthropic gifts in 19C and charitable gifts of land. This is not State owned property. Some HAs more recently got government grants. But not all. So a Tory government is interfering in property rights here.
Interesting point he is making.
Lucia Deere even objected to at least one of the working group meetings here being fully minuted, on the grounds that she felt "railroaded by it".Totally unsurprised at Lucia Deere trying to close down the choices available to residents. She attempted that here, too.
An interesting read.Not sure if it was posted here but wanted to post up this response to Lord Adonis IPPR report on housing
Sadiq Khan, the prospective London mayoral candidate who obtained the figures, said government policies were creating an increasingly segregated city.
“This data shows that the government’s policies on welfare and housing have caused social cleansing in London on a vast scale,” said Khan. “Families have been driven out of large parts of the city ... this is not the kind of London I grew up in or want my daughters to live in.”
Tony Travers, a professor at the London School of Economics, said the flight of poorer families from the capital was, in part, a consequence of government policy.
“I would be surprised if government policies like the bedroom tax and the benefits cap had not had a displacement effect and that is what we appear to be seeing here.”
Travers said these policies had strengthened an ongoing trend that, since the 1990s, has seen inner London become more affluent and more expensive.
“This phenomenon is one that any future mayor of London would want to know much more about because if inner London is being hollowed out it would have big implications and would be something to take action on.”
Cancelled as Guiness Trust have last minute rehoused him.> Dear Housing Activists,
> Guinness are pressing ahead with their plans to evict their remaining
> shorthold tenants. We urgently need supporters to stop Ibrahim's eviction
> this Friday -
> Friday 18th September 7.30am (bailiffs due at 8am) - stop Ibrahim's eviction
> Kenwood House, Loughborough Park, SW9 8NL
> Facebook event here Stop Ibrahim's Eviction | Facebook
Yes - I heard it on the radio and listened againInteresting Analysis radio 4 podcast on Housing Benefit this week.