Solving Housing Demand-restict Ownership To Occupiers Only

[Gladys]

Yes, LW, agreed and accepted. But my point was that it is so easy to jump up and scream about profit without thinking the thing through. Profit is fine so long as a value has been delivered in return. This is not a new concept of 'business ethics' (although that does take the idea further forward), but has been acknowledged for a long time now in bodies such as the OFT and MMC whose main aim, put fundamentally, is to ensure that profit is fair.

 

and in the case of profit from renting .......... it is not only excessive but patently unfair.

Couldn't agree more; this one area of social need, housing, is the last to be tightly regulated and has the biggest profits to be made. Governments manipulate supplyand demand in just about every other area of basic need, but not this!