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Senior Member
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Join Date: Jan 2015
Posts: 6,175
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Senior Member
Join Date: Jan 2015
Posts: 6,175
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Now we have very little social (government owned) housing left so the Cons clasp their hands and come up with the idea of extending the right to buy to housing association tenants. Unlike council houses, the government don’t own these homes and so it has to compensate the housing associations every time there's a sale. The only way they can do this is by snatching newly vacated council property and selling it for its real market value. That spare money is then used to compensate housing association sales. Obviously, the higher value the council house, the more money in the pot. Higher value council houses in the most affluent parts of London are NOT being sold off to tenants and because tenants are not moving on quickly enough, government repossession orders are getting these tenants relocated to two bedroom properties in places like Dudley. What we won’t see is new council houses being built.
We have over 2 million people on council house waiting lists and we are losing around 100,000 social homes a year. More and more tenants are having to move into privately owned properties and will pay double or more in rent and have to abide by costly contracts that could see them out on the street in six months. Even people with disabilities are having to rent privately.
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