Social Housing in Crisis As Right-To-Buy Depletes Stock

An analysis of figures show that since right-to-buy was re-launched by the Government in 2012, more than 20,000 properties have been sold off, with discounts of up to 70 per cent on market value, and only one home being built for every four sold off. But over the same period, local councils have begun building less than 5,000 homes to replace those sold – despite a claim by the then Housing Minister, Grant Shapps, that “every additional home sold will be replaced by a new affordable home on a one-for-one basis”. Read more on the Independent website.