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    This is the result of the Ponzi Scheme known as the New Homes Bonus.

    A council is allowed to keep ALL of the council tax on new homes for the first SIX years which keeps council tax low for the local residents.

    Unfortunately at the end of the six years the council has to build even more new homes to keep the 100% of the council tax on the new NEW HOMES to keep the council tax low for all the residents PLUS the council tax payers in the previous load of new homes and so on ad infinitum!

    Eventually there is nothing to be seen but homes and I know it means we all end up living in some God awful suburbia but who cares as long as we keep the council tax down?

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