Property News · October 11, 2017

The housing crisis will only get worse until England scraps right to buy | Jonathan Manns


Selling off council homes is economically and morally reprehensible. The government needs to halt its kneejerk support for home ownershipScotland has already scrapped so-called right-to-buy schemes and Wales is pushing through reforms to do the same. It’s now also time for England to stop allowing council tenants to purchase their homes at discounted rates.The English love of home ownership is well known, which is why, in his party conference speech last week, chancellor Philip Hammond announced an additional £10bn to extend for the existing help to buy scheme for housebuyers. Continue reading…

Source : theguardian.com
Read more…The housing crisis will only get worse until England scraps right to buy | Jonathan Manns

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