The Newcastle Journal this week is reporting emergency plans to buy homes of people facing repossession in Newcastle and then rent them back to the original owners.
This plan is designed to avoid people losing their homes and depending on local authorities to find them accomodation. Of course councils no longer have any council houses having been told to sell them off or create arms length management companies. The Blair plan for housing was that private builders would fill the gap in "partnership" with government. This theory seemingly ignoring the fact that builders are there to make profits and not obey government policy.
The test is now arriving. Builders are making staff redundant, house building has stopped, house sales are in the doldrums. The partnership is now about government using taxpayers cash to save builders.
Meanwhile Northern Rock uses a whole day of court time each week in Newcastle to repossess homes as little as 2 months behind in payments. This despite government pleas for sympathetic hearings for those in debt - something Northern Rock, now owned by the government, seems to have forgotten.
Meanwhile BridgingNewcastleGateshead continues with it's lunatic demolition programme as if there was an oversupply of housing.
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