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Tuesday, 21 January 2014

Right to Buy Housing Disaster

I am a bit late in coming to this report by Tom Copley which analyses what a disaster Right to Buy has been for housing in London.  The taxpayer has paid for the homes to be built, paid for them to be sold at a discount, lost the rental income, and all too often now pays the rents of homeless families renting it from the beneficiary of Right to Buy.

That system makes no kind of sense from the taxpayer's point of view.

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