Rough sleeping up 134 per cent while UK’s richest increase wealth by 183 per cent and developers hog land for 130,000 homes

Compassionate Conservatism? It’s more like Conscious Cruelty!

Bearing in mind the fact that the UK is the sixth-richest country in the world, the following is a scandal in itself:

Want to argue with the statistics? The evidence is all around.

The moral of the story:

And that is the fact of the matter. Homelessness has more than doubled since 2010 because of the policies of the Conservative and Conservative-led government.

The Tories have squeezed wages and benefits to the point where people are unable to hold onto their homes; they go into debt and then they go out on the street.

But what else has been happening while all this has been going on?

See for yourself:

“The combined wealth of the richest 1,000 people in the UK has increased by 183 per cent over the past 10 years.

“As austerity continues to bite low-income households shocking figures show the wealthiest in society now rake in almost three times what they did in 2009.

“Ten years ago the wealthiest 1,000 people in Britain had a combined wealth of £256 billion, but the same cohort now sit on some £724 billion.

“The figures show that the pace of change has been ramped up notably over the past five years, which has seen wealth grow by £274 billion, and £66 billion in the past year alone.”

So impoverishing the masses is big business for the privileged few!

Ah, but all but the most destitute have managed to find a house to live in before now. What’s the difference today? Is it the fact that fewer homes are available for rent and there is a shortage of homes-to-buy, meaning the value of mortgages has gone through the roof, and help-to-buy is a club for people who are already wealthy?

Could be!

And if you’re concerned about the shortage of new houses, you’ll be furious about this:

“Developers are sitting on land for more than 130,000 homes in England that have never been built – the worst gap on record, according to new analysis.

“The analysis of housing ministry (MCHLG) figures showed that in 2016-17, planning permission for 313,700 new homes was given, but only 183,570 homes built, meaning a notional annual gap of more than 130,000 homes, the biggest divergence since records began in 2006.

“The percentage of homes built versus permission granted was just 58%, a rate that has been roughly steady since 2012.

“Landowners sell at a price that factors in a significant increase in value after obtaining planning consent, meaning a hectare of agricultural land worth £20,000 can sell for closer to £2m if it is zoned for housing. [But] developers regularly deny using land to speculate, arguing more profit can usually be made from building.”

It’s hard to believe that when developers are sitting on land and only building houses when they can be sure of a certain price. Land has always been a certain way to make money – and look how rich the richest people in the UK have become, while property prices go through the roof…

… And the number of people thrown onto the streets increases exponentially.

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