Buying up cheap housing could provide a safety net to millions who may struggle to pay the bills as the pandemic continues
Julian Higson has just bought a new house. Or to be precise, he’s bought about a hundred of them.
For months he’s been snapping up properties off plan all over Bristol, as developers begin to fret that flats planned at the height of a pre-Covid boom might not sell so well in a recession. But Higson isn’t some passing property speculator or ruthless buy-to-let mogul. He’s the director of landlord and housing services at Bristol city council, which plans to turn these new-builds into social housing for people who can’t afford to rent privately in one of the most expensive British cities outside London.
Continue reading...from Property | The Guardian https://ift.tt/2TyMLZs
via IFTTT
No comments:
Post a Comment