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2024-11-20 20:10:38
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Anthony Stevens πŸ‡ͺπŸ‡Ί πŸ‡―πŸ‡² πŸ’™ on Nostr: nprofile1q…e5dy3 We're feeling the ramifications of Thatcher's ill-thought-through ...



We're feeling the ramifications of Thatcher's ill-thought-through Right To Buy scheme in the 80s. This is what's created a chronic shortage of social housing.

As tenants bought their council properties cheap, then flipped them for huge profits to private landlords, councils weren't allowed to reinvest the meagre money received back into building more affordable homes, plus they were barred from borrowing for housing too.

The #UK is 5m houses short. #Tory landlords are loving it!
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