Tim Worstall discusses an aspect of the terrible Grenfell Tower fire in London that I hadn’t considered:
The fire at Grenfell Tower in London, 14 June 2017.
Photo by Natalie Oxford via Wikimedia Commons
That the Grenfell Tower fire was a tragedy is obvious. That lessons need to be learned is equally so. At which point, OK, which lessons would we like to learn? One that would be useful is to work out how much of social housing in London – for that’s what the evidence allows us to estimate – is illegally sublet. Or, as we might also put it, how much social housing in London is not actually needed as social housing?
For sublets are, by their nature, at something close to market rents, the difference between those and the social rents being pocketed by those doing the renting out.
No, we don’t know and that might be just because we’ve not been paying the detailed attention required. But it’s also something we tend to think will have been glossed over in investigations into the events. Something that perhaps should not have been glossed over – if indeed it has.
[…] The thought that a place, in the centre of London, where we could house – safely perhaps this time – several hundred people not be used to house several hundred people? We have a housing shortage or not?
However, it’s the insight into that larger question that interests. We know that some amount of social (and or council) housing in London is illegally sublet. The very fact that it is shows that it’s not needed. Those who are paying the landlord a reduced rent clearly don’t need the property as they’re not living in it. Those paying the near market rents don’t need social housing as they’re paying near market rents. Thus subletting shows that the entire structure of – at least in that instance – the social rent isn’t necessary.
So, how prevalent is it? We know that some of it occurred at Grenfell. We’ve all admitted it, clearly, for we’ve not insisted that only those on the tenants’ listing are those who should be granted aid for having had their home burned down. So, we know there’s some. So, how much?
It’s unlikely that we’ve as much information on this concerning any other building in the country. Thus this is an excellent place to actually conduct such research.
