LETTER: Generate income

Your letters
Your letters

With the council having to go cap in hand for money to maintain front-line services is a sorry state to be in.

Having assets that generate income for front-line services is the solution.

Council housing is not just providing homes for people on the waiting list, it is also a major source of revenue.

One thousand properties rented out at £100 a week, which is reasonable for a two bed flat, will generate an annual income £5 million a year every year.

A ten storey block of flats will provide 120 homes and will fit on a piece of land the size of a football pitch.

That is the £4 million shortfall sorted and the housing waiting list cleared.

Lester Orman

Whitelot Close

Southwick

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