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  • Obviously in order for money to be invested into something it has to be generated from somewhere. The government prior to that of Mad Margaret probably didn't see the need for large scale investment in social housing because they didn't conceive the plan to sell it off and not re-invest it back into the system - we have that deranged bitch to thank for that.

    Nowadays if someone wants to build a new development they have to provide a percentage of affordable housing. That pair of vomit-inducing twats the Candy brothers have built a small selection of flats in Battersea in order to account for their percentage at No 1 Hyde Park. Outrageous behaviour - but if you spend £80 million on a flat, the last thing you want is Frank Gallagher pissing in your car park or Rab C. Nesbitt loitering outside the door.

    The councils were allowed to plough the money back into the system once they had cleared their debt. In practice most didn't. They just went back to the old ways of neglecting their housing.

    I'm not sure how the Candy bros got away with that. The percentage of social housing is supposed to be in the same development. But it's bullshit anyway. What you get is a couple of shared ownership properties at stupid prices with a tiny 10 or 15% share available. The system really needs some regulation.

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