Here’s a quick soundbite on the reason why private landlords get so much public money:
Taxpayers handed over £9.3bn in housing benefit to Britain’s private landlords last year, nearly double the amount paid 10 years ago, according to a new report.
The number of households receiving housing benefit to pay rent to private landlords has risen 42% since 2008, the National Housing Federation, which represents the non-profit housing sector, has found.
The NHF calculated that if all those housed in the private rented sector lived in affordable housing, taxpayers would save £1.5bn a year. David Orr, the federation’s chief executive, said: “It is madness to spend £9bn of taxpayers’ money lining the pockets of private landlords, rather than investing in affordable homes.”
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