Council Rates and GRV, surely they should be revised downwards?
Now that the housing market has been on the downturn for the last five years, plus the interest rates from the banks has been cut to 1.5 per cent or lower, should the Gross Rental Value base be reduced? Or should the local government place a limit on the increases set by the area councils that we live in? I know we pensioners get a discount, but after the discount, I am still paying 100 per cent more than five years ago! And my pension is the same.
What are others feeling about this?