UkeleleEric on Nostr: my dad said the rot set in when the government (believe it was the 70s) allowed ...

my dad said the rot set in when the government (believe it was the 70s) allowed building societies to take more than one income into account for mortgages. Together with the selling of council housing, previously providing a decent source of reliable rental properties, and thus keeping rents down in the private sector, and the promotion of home-ownership as a form of wealth, we are now in a situation where unproductive landlords sit on the commonwealth of the country.