properties should be sold at the market value not below it a loss of £300,000,000
I think this is something that the government has got to look at, why you ask it is costing the tax payer hundred of million of pounds all over the uk.
You have rented properties, council
You have rented properties, private rented
You have part rent part buy
You have properties to buy
build cost £36,000 year 1985
Councils properties you pay rent over 5,10,15,20 years that’s it, cost to build £36,000 after 10 years property worth £83,000
Private rented you pay the rent over 5,10,16,20 years that’s it, costs to build £36,000 after 10 years property is worth £83,000.
Part rent part buy you pay rent up to about 10 years and buy, you buy the lease or freehold, it cost to build £36,000 sold for £47,000, property in worth £83,000 but these are being sold at a loss we the tax payer are giving home’s away for free or part of them
These properties should be sold at the market value
Buy your property you pay £36,000 after 10 years property worth £83,000
I do not see any difference between rented properties, rent part buy property, and buy a property after
10 years all have the same market value, if same area, same type of construction