A quick thought on council house abuse
Housing Minister Grant Shapps has this morning announced that the government is considering criminalising subletting of council homes with the punishment potentially being up to 2 years in prison and fines of up to £50,000.
Given that those who are abusing the system are simply taking advantage of the fact that council rents are subsidised, why not just remove the subsidy and hence the distortion it makes in the market?
Or is that too simple?
