Pay to stay [3]

Meeting: 
MQT on 2016-03-16
Session date: 
March 16, 2016
Reference: 
2016/1132
Question By: 
Andrew Dismore
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Is it fair that as a consequence of the government's 'pay to stay' proposals social housing tenants in London will be  priced out of their own homes for improving their  incomes?

Answer

Answer for Pay to stay [3]

Answer for Pay to stay [3]

Answered By: 
The Mayor

Fairness lies is the equitable allocation of limited resources. And as the Government's consultation document on this policy explained, "…those on higher incomes should not be subsidised through social rents." Tenants may choose to exercise their Right to Buy if they do not wish to move or pay higher rents. And the Government has made clear, in its recently published response to last autumn's consultation on this policy that "…households at the lower end of income above the proposed threshold will see their rent rise by only a few pounds each week."