Posted 29.06.17
LocalGov: Article link
Council homes are being sold off almost three times faster than local authorities can replace them, research reveals.
Freedom of Information requests to 72 councils found more than 12,000 council houses have been sold off since 2014, to a cost of over £930 million, while only 4,309 were built over the same time period.
A spokesman from the Department for Communities and Local Government denied the Government promised to replace every Right to Buy sale.
They said it was 'only additional sales' above the original forecasted baseline that should be replaced one for one, adding it was up to councils to use the receipts from Right to Buy sales for new homes.
