A number of Oscott housing tenants have contacted me complaining about the high increase in Council housing rents they are having to pay this year.
In some cases it can be several pounds.
It comes about because they current Administration are using an old formula based back in 2000 when the annual cost increase in Housing rent was inflation plus a half percent. While inflation rates are low that formula works fairly well but with the increase in inflation we have seen in the past year, it needs re looking at again.
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