This is the first of many entries that will highlight the empty property epidemic in this country. Though that may sound dramatic, the problem is worsening, so is the need for houses.
Here’s the government’s statistics regarding the shortfall:
The Royal Institution of Chartered Surveyors (RICS) outlined that there is a ‘dire shortage’ of housing in the UK, which will only drive up prices across the board:
How much of revenue does the overburdened tax payer have to make up annually because of empty property council tax discounts? Delve into the smoke and mirrors of a freedom of information request, and you MAY get an answer. However, we need action, not confusing figures and statistics.
Why, when we have a reservoir of up to one million properties sitting vacant, do we have so many families in temporary accommodation, again being subsidised by the tax payer? It makes no sense. That’s upwards of £50 billion worth of property gathering dust and deteriorating in this country. AS.