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2014-11-01

The Independent: "Great council house sell-off scandal: Right-to-buy council houses leave nowhere for poor to live"


Link to web site

"Council houses are being sold off on the cheap to people who immediately rent them back to housing benefit tenants, according to an Independent investigation that exposes a new 'Right to Buy' scandal.

"In echoes of Margaret Thatcher’s drive to force local authorities in the 1980s to sell their properties at a cut price, the Government’s new initiative to encourage councils to sell their houses is having a disastrous effect in allowing social housing to be exploited for personal profit.

"Councils are selling off their already‑limited supplies of housing stock and allowing former council tenants to profiteer as buy-to-let landlords."

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