It is the way of tory government...and combined with the lib dems we have the closest thing to a national socialist state that can be imagined.....used to be known as natzis.. but what the heck, we're too educated to fall for that old bullshit nowadays. Mass unemployment and poverty, and the homelesness that goes with it, boosts share prices and lowers the inflation rate, and so the econonomy gets back on track....sorry if you happen to be poor, guess you just have to live with it! The tory government do know what they are doing, it's all been tried and tested before, sorry if you had to watch your children starve!
Housing Benefit is a subsidy to fat cat buy to let landlords. If it were abolished totally rental prices would crash through the floor. You have to question why Labour and the left oppose the limiting of this benefit. Either they all have a nice fat property portfolios or more likely they have no first clue about the most basic economic fundamentals.
The last Labour governments handling of the economy being another prime example of this.
Can you tell me what you would do with the x million people thus rendered homeless whilst the rent crash happens?
Oh and do you think this might possibly impact the value of property owned not just by landlords but also by home owner occupiers?
Oh and do you think such a property price collapse might result in lenders going bust because of defaulting borrowers?
A property price collapse would not necessarily result in borrowers defaulting. Some may find themselves in negative equity situations but as long as they could afford the mortgage repayments they would not have a problem. The negative equity may cause the lenders some discomfort but as long as the borrowers were not defaulting, the lenders wouldn't be going bust.
Such a price collapse may well in turn actually stimulate the property market as property would become more affordable and more first time buyers would be able to get a foothold on the property ladder.
One of the reasons that private property rents are so high, is due to the inflated property values resulting from the prolonged housing bubble. Maybe the property market needs such a correction?
Right... sit down... remain calm
Perhaps....just perhaps you understand,the answer is not for government to tinker round the edges,changing a rule here and there....perhaps the answer is to develop a housing policy.... perhaps if just for the time being they decide not to render people poorer and homeless,they could accept the status quo for as long as it takes to build some more social housing ..... I know a stupid unworkable idea.... forget I mentioned it .... I mean joined up thinking from politicians it's a pipe dream ...
hwoar: 
