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Rachel Reeves latest housing policy is societal and economic idiocy - making the poorest renters pay more to build more housing! Right, so Rachel Reeves is about to screw up the housing mix of this country even more than it already has been by the Tories, and she’s going to take us all for fools by implying what she’s going to do is all about making housing more affordable. We need more social housing not less, yet less is exactly what she’s going for, as she seeks to functionally wipe out the notion of social housing by, over the next ten years, raising the rents of those living in them to the higher rate of so-called affordable homes, which are themselves all too often unaffordable and her reason for doing that, is so she can build more affordable homes! Housebuilding off the backs of some of the poorest people to build housing they might not be able to afford, by pricing them out of the housing they can afford. All to avoid taxing the rich, which I suppose she’ll still claim she can’t see the point of. Rachel Reeves is an economic idiot, who appears to get off on picking on the poor. She’ll be tougher than the Tories on benefits she once said, well, she’s making good on that and making these people pay to build more housing! Right, so I can’t quite get over the sheer combined cruelty and stupidity of Rachel Reeves this morning as the Financial Times have broken the story overnight of some of Rachel Reeves plans on housing and the standout one is that over the next 10 years, instead of building more social housing, more housing that is genuinely affordable and not affordable in the same sense as so-called affordable housing, which often isn’t; Reeves is instead going to wipe social housing out in effect, by hiking the rents on social housing above inflation, essentially working to level up the rent of social housing to the point it ends up – albeit we’re yet to see the figures to precisely confirm this – but it seems reasonable to conclude that they would end up classed as affordable. Rachel Reeves is effectively going to make more housing unaffordable so that she can build more homes that will also be unaffordable. If you take this story and combine it with Keir Starmer blocking Sadiq Khan from introducing rent caps, it seems clear that Starmer’s Labour are kissing landlord backside big time here with this policy, because who do you think will have the money to buy the affordable homes, or rent them if not on the open market? Are wages going to go up above inflation? I doubt it. This is just heaping cruelty on those not just on benefits, but lowest earners too, so many people cannot get on the housing ladder themselves because they don’t earn enough, so many people are screwed over by rents that take too big a chunk of their earnings, that they can never save for that deposit. That is now going to be rolled out to social housing providers ie local council and housing associations, allegedly so they can be freed up to build more affordable housing, which is all many of them build anyway, very, very little social housing is built anymore, yet it those living in the most stable and truly affordable social housing that are going to have to pay for it. The optics are perverse. ***Subscribe to the channel here*** ►ABOUT ME: Hi, I'm Damien Willey. I'm a former welder, but now I'm a writer, blogger, vlogger and presenter and interviewer with Socialist Telly (Please do go and visit what we all get up to on ) I'm an unpaid carer for my disabled wife and daughter and as such we know all too well the difficulties that associated with that living in Tory Britain and I personally believe the answer lies in socialism. This channel, along with my other social media act as outlets to push back against that, to demand better of our politicians and leaders, to pull apart the media spin that supports them and the way the UK is run and to give a voice, loud as mine is, to the voiceless. ►CONTACT: Email: @ ►SUPPORT: If you appreciate the importance of alternative media in the UK and enjoy my work please consider financially supporting it. Various options to suit all budgets, please visit to find out more. ►SOCIAL MEDIA LINKS Alternatively please share this video on your favourite social media & if you'd like to see what I get up to elsewhere, yoy can also find links to my presence elsewhere at Damo Rants Kernow Damo rachel reeves,rachel reeves speech,rachel reeves live,rachel reeves labour,rachel reeves economy,rachel reeves today,rachel reeves benefits,labour,uk economy,rachel reeves taxes,rachel reeves housing,rachel reeves social housing,rachel reeves affordable housing,social hosuing,affordable housing,social housing,housing crisis,council housing,funding for affordable housing,housing shortage,keir starmer,kernow damo,damo rants,damo,starmer
