Faced with dwindling housing stocks and growing waiting lists, councils are buying back properties sold under the damaging right-to-buy schemeWith housing waiting lists higher than ever, eviction rates rocketing and stock dwindling through right to buy and the impending compulsory sale of high value housing, some councils have resorted to desperate measures.Freedom of information requests by Inside Housing show that of the £1bn raised since 2012 to replace right to buy, £27.3m of it has been used to buy back homes sold under right to buy. Continue reading…
Source : theguardian.com
Read more…The desperate councils buying back homes they were forced to sell
