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Originally Posted by park381
Sorry I omitted the first part of your post, 3600 council houses in hyndburn.....WOW did'nt think there were so many.
Now on to the other bit. The "private housing association" will be as a "TRUST" and as such should, and will not make a profit that can be shared amongst stake holders, if it is a "Trust" then any or all profits should be re-invested in the properties. Think thats how its supposed to work
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so who gets the rent that the council pay in houseing beneifit
before the council got it strauight back but now our council tax will be making others richer
those properties will be worth a lot more than what they pay for them if not free and will get sold off probably to another assosiation in 5 years for yet even more proffit
whole thing sux and should not be allowed to happen but we dont get asked about decisions like this we just get to vote people in and once they are in we have no control over what they do