http://www.thesun.co.uk/sol/homepag...-life-into-Thatchers-right-to-buy-policy.html It certainly won't reduce affordable council housing for poor families or artificially inflate house prices, pushing people further into debt, and raising house prices out of the reach of the locals in that area. Not at all. Not like it did all through the 80's, helping to fuel the most false economic 'boom' in living memory which we are all paying for now. Buying a house that doubled/trebled in value was not an economic miracle or sign of your genius - it happened at the expense of a proper broad based economy. We need a revolution. This afternoon preferably.
A flawed and grossly unfair policy at the time and nothing has changed in the decades since it was introduced.
Economists and politicians constantly seem to forget that everything is relative. If we were all millionaires no-one would be rich. You can only be rich when compared to someone else (e.g. if someone else is poor). Most of the schemes this coalition have developed have been to "reward" hard-working, middle class folks who deserve more for their initiative apparently. This completely ignores the fact that to reward someone you have to take it away from someone else. As they refuse to take anything away from the super-rich or tax billion-pound turnover companies - they are taking it away from social welfare and just making the poor even poorer. Believe me, I want people who are scrounging off the system to get into work and contribute, but let's focus on the big wins first. Starting with Vodafone, Barclays, Starbucks, Amazon etc...
I particularly like the "Families will now get extra help of up to £75,000 to buy their homes" What - so does this mean that I as a tax payer who bought my own home at market value am now paying again for someone to by a council house at a discount? I have no problem wth the right to buy as long as houses are sold at their correct market value and the money raised used to build replacement council housing but that would be far to sensible a policy so thats not how it will work If I remember correctly werent councils specifically forbidden under Maggie from using the money from Council house sales to build new ones - which is one of the main reasons we have the problems we have now
Whole system stinks - if they want to buy a house save up and do it like everyone else, including the poor fckers in private rented who can't get a council house cos they've all been sold off.......
They haven't learnt a bloody thing! It was a bad move in the 1980's to reduce rental housing stock and it's still a bad move.