this post was submitted on 11 Apr 2025
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Another one I think should be added is that she presided over the selling off of large amount of council housing (homes owned by local authorities and rented at controlled to people who needed them or for free in the case of some benefit claimants).
The scheme is called Right to Buy and was lauded as a way for everyone to own their own home, as they were sold to the tenants at way below market value.
However, housing stock was not replenished, as local authorities did not get all the money from the sales, and were further restricted from using what they did get to build new housing.
What we've been left with us severely depleted council housing. Where I live and work, we have a huge list of applicants, and only those with the very highest level of need can get a council property, leaving others to pay extortionate private rents or become homeless.
Furthermore, the rules around resale weren't strict enough so you see ex council housing on property websites where people have made tens of thousands in profit on selling them. Many of these are now in the hands of private landlords.
wow, yes I appreciate you adding that context, that's some important information to know