Loss of Social Housing and the Right to Buy

Tom Copley, the Greater London Assembly Member, has started a petition against the Right to Buy, which has devastated social housing in London.  Right to Buy has led to a situation where 42% of council homes sold under the Right to Buy are now in the hands of private landlords, and local authorities in London are forced to spend at least £22 million renting back housing that used to belong to them.  The waste of such a policy is remarkable.