Leaseholds are a big feudal con

Over 5 million people in the UK live in a leasehold; a property ownership agreement which entitles people to the space inside the property but not necessarily the building it’s in nor the land it is built on. England and Wales are the last countries in the world where leaseholds are still widely used. So why is this, how does it affect the 5 million people living in these properties, and is it all a big feudal con?Anoosh Chakelian, Britain editor at the New Statesman, is joined by Rachel Cunliffe, associate political editor, and Barry Gardiner, Labour MP for Brent North.Watch Barry Gardiner's documentary: LeaseholdListen to our podcast on the collapse of rentier capitalism: The housing crash is just beginning Hosted on Acast. See acast.com/privacy for more information.