JerryChicken wrote:
The only thing highlighted by the whole right-to-buy scheme is that it was very badly planned without any regard for the long term repercussions or indeed any planned replacement for the low cost rental sector.
Then again we're talking about five year term politicians.
I disagree.
There was never any intention of replacing low-cost housing. It was about creating a stimulus to the banking sector and creating a whole new phalanx of mortgage slaves. Once the low folk signed on the dotted line for a mortgage, they were far less likely to strike or cause other disruption that may result in them missing a mortgage payment.
The saddest thing is that New Labour never took the opportunity to encourage councils to build more affordable homes
