Taxpayers in London are having to fork out more than £12billion every year to subsidise social housing in the capital, new data has revealed.In some parts of the capital, taxpayers have to pay £2,500 every month for every social home in order to make up the difference between market value and social rent.In Camden, where ex-Prime Minister Sir Keir Starmer was until recently the local MP, a social housing tenant can expect to pay around £763 a month for a three-bed home.That's less than a third of the average £3,055 for the same house on the private market. Taxpayers have to cover that £2,292 difference. TRENDING Stories Videos Your Say In some Labour-run boroughs, social housing tenants can expect to receive a "lifetime" subsidy...
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