from Stan Mills Croydon Centre for Socialist Education has published facts and figures for use in the current dispute about the proposed rent increases in Croydones This is an excellent activity for a C.S.E, branch to carry out and it is to be hoped that other branches will find the ways and means of doing similar things, The Croydon C.S.E, leaflet reads: "Proposed increases: renging from 40-60% - an average of about £1 per week. Number of dwellings completed by November, 1965: 15,239. Cost of three- bedroomed house: £3, 650#£3,725 excluding land.
£4,500 including land.
Loan charges per house: £300 per annulle
Cost rent:(excluding Exchequer subsidy)
£6.16. 6d per weeks
Loan charges= approx imately 5/6 of cost
rente Assuming loan over 60 years, real cost of a single house approximately £21,700. Total loan charges 1955/56: £435,780 Loan charges= approximately }instalment 1964/65: £1,174, 664 on principal and ¢ interest. 1968/49; £2,478.000 Loan charges make up approximately 2/3 of total expenditure on Housing Revenue accounte Income from rent 1955/56: £438,722 1964/65: £1, 325,914 1968/69: £3, 247,500 Total income 1968/69: £3,633, 350 Rate Subsidy Ex3nequer subsidy 1955/56: £46 ;192 £113,924 1959/60: £55,000 it 1964/65: £25,908 £220, 398 1968/69: ~ £466,700