Monday, 27 April 2015

Daily Telegraph: Not all tenants are equal. Perhaps Ed Miliband is talking to the right people on rent

Daily Telegraph: Not all tenants are equal. Perhaps Ed Miliband is talking to the right people on rent

Article by Matthew Holehouse


'When Mrs Thatcher initiated the (revolutionary, innovative) policy, social tenants regarded themselves as increasingly middle-class, and wealthy, and craved property ownership, and were therefore ripe for conversion to the Tory cause

There is no like-for-like demographic data in the 1980s, but the DCLG data we have today might suggest the well of votes has run dry here.
There are 3.7 million households who rent from housing associations and councils. They aren't very well-off, but they are pretty happy with their housing.

Two-thirds are in receipt of housing benefit; 23 per cent have a tenant in full-time work; a third earn less than £200 a week, and just eight per cent more than £700. Some 82 per cent think it is a “good way” to occupy a home; 80 per cent think they will stay in the sector long term (i.e., they are quite happy where they are.) In short, these may not be natural Tory voters.

You have to ask which set of tenants is more likely to vote when offered the inducement of home ownership? Is Ed Miliband is backing a better horse?'

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