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Should the government sell it's London property portfolio
Ethel_Fred
Posts: 34,127 Forum Member
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Massively in debt, increasing costs of repair and maintenance, buildings not fit for the 20th, let alone 21st century needs, property values in London at an all time high.
So why not think the unthinkable and sell up and move on - it's what's recommended for other asset rich, cash poor groups.
So why not think the unthinkable and sell up and move on - it's what's recommended for other asset rich, cash poor groups.
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The government has already soled off a lot of central London land.
The only way to get our housing benefits bill down is to build more council housing and provide cheap housing for the workers as well as the people on benefits.
Provide some Government competition to over-valued private housing sector.
Won't happen under a Tory Govt (or a Labour one) - votes in the short term are more important than a long term housing strategy. And that means protecting the over-valued house prices to the detriment of everyone.
Might as well they have sold everything else.
Maybe the China could buy it that would then mean it's not only our utilities and commerce that are owned by foreign investors they will then own the land as well.
The things men fought and died for no longer exists .
Just the same as Gordon Brown's gold sale.
They could move to Sutton Coalfield. London could then become an independent state
The BBC moved lots of their radio peoples to Manchester. That worked well.
The talent left, and the travel costs quadroupled.