Not really just the "conservatives" more like "the developers"

And to be fair any company (other than a registered provider) that buys a block of flats like that for open market value will need to get maximum returns for it because that is how companies work - to make money for their shareholders.

That whole situation seems a bit strange though because the rents those people have been on suggest that it was social housing (or maybe Council housing) and normally the rents for any such housing are restricted by statute (if owned by a registered provider) or by legal agreements. It is therefore a bit strange that its been sold to old tory boy on the open market and the new owner does not appear to be subject to any rent restrictions. Perhaps the fault actually lies with Hackney Council which i presume is labour!

Posted By: Jim, Jun 30, 12:09:33