Section: Right to Buy

Blog: The housing crisis will only get worse until England scraps right to buy (Jonathan Manns)

Posted 12.10.17
Guardian Housing Network: Article link

Scotland 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 £10 billion to extend for the existing help to buy scheme for housebuyers.

Cash windfalls for a few lucky buyers might win their vote, but the majority must surely recognise that both the right to buy and help to buy schemes are economically and morally reprehensible.

Jonathan Manns is Director of Planning at Colliers International and his blog in full can be accessed via the above link.

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Reporting on October 2017

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