Financial reshuffle; Your Say.
Why does the Government cream off a percentage of supposed profit from rents then give councils millions of pounds to update homes? Leave the cash with councils in the first place and they can fund the rehash.
If rent level is not sufficient to fund the programme, then council should say so and state what rent level needs to be for proper funding as they are not allowed to fund via borrowing. Apparently transfer to a housing association would allow borrowing, which has to be paid back with interest. How can such debt be paid without dramatic rents increase? The books have to balance, like it or not.
The vote transfer is proposed to be the same as last time. Let's be democratic and state unless 75% of all tenants vote, then the vote is void and transfer will not happen - a method we ought to use in council and national votes if we ever hope to achieve Government by the consent of the governed.
G B BUTLER, Stockton