This article finds that Housing Benefit subsidises low wage paying UK employers to the tune of £4.86 BILLION per year.
It also finds that social housing receives £1.125 billion per year in capital subsidy yet produces savings to the taxpayer of £4.08 billion per year as it charges the taxpayer £23.41 less in HB for its 3.37m HB claimants than a private landlords receives.
Hence the £4.08 billion saving that social housing gives back to the taxpayer is then (and some more) given to unscrupulously low wage-paying employers so that working families can afford to work for such wages.
Strange how a few facts reveal that long held myths such as social housing is subsidised when the real subsidised is British employers!!
Do read on as what started on a very closely related subject led me to the startling yet true facts above.
Those who have read any of my blogs will know I like numbers. Two plus two is always four (unless you are IDS) and numbers are FACT and irrefutable FACT. The bedroom tax has so much myth and hearsay and nonsense talked about it for example Muslims allowed an extra bedroom as a prayer room and hat angers me and not just because of the racist connotations in it. It angers me as the old adage of tell a lie often enough and people believe it is very much at play.
One very valid point is the inept release of purported fact from reliable sources and today I read a classic example in the Independent: It says: