Right-to-buy private landlord properties:
The National Landlords Association (NLA) has slammed the Labour Party’s suggestion that private tenants could be given the chance to buy their homes at a discounted rate from their landlords.
landlords.org.uk
First of all, thank you for taking the time to respond to my questions.
I think it's important to note that the source you have provided here is by an organisation that represents landlords - as the name implies. I'm 26 years old, and earn around £1,200 a month as a (wholly NHS-funded) researcher at a University. My rent currently stands at £650 for a one bedroom flat with no heating and single-glazed windows.
I have absolutely no power to change this. I can't move out because I was effectively forced to sign a 24 month contract with the landlord when renewing, so if I want to move out I have to pay the landlord the remaining 8 months lease - which amounts to £5,200.
Simply put, I cannot afford that.
This is a common occurence with people my age, and is probably one of the main reasons as to why you are seeing so many 18-35 year olds look favorably at Labour's policies concerning renters rights.
As for the post you've linked, I think that everyone has the right to live in a home - and not have to worry about imminent rent increases or whether a landlord sees fit for them to leave. I don't believe that's a far left belief, but I am willing to hear your reasoning behind why you believe it to be.
I think it's well in within the remit of the Labour Party, whose founding goal was to minimise the distance between the workers' labour and the resulting capital, to reform the foundations in which our economy operates.
At the end of the day, we need to see some form of solution to, at the very minimum, reduce the scurge of economic inequality and deal with an emerging climate catastrophe.
Do you know if the CBI have released a breakdown of their estimates?
Just to clarify a couple points here:
This is basically a British implementation of the KfW Mittelstand in which it will be wholly funded through a bond issuance programme.
I'm trying to find the exact document, but if my memory serves me correctly (although I am willing to say that I may be wrong here) - but it's effectively a straight up direct cost of £20bn - and then yearly bond issues over 10 years - amounting to £250bn in total.
Just from top of my head. All gives the impression of reckless ideological spending over fiscal prudence, with the hope the economy pays for it or they can milk the rich dry for it.