Wednesday 4 March 2015

Right to Buy Failed, Says Miliband's Housing Guru

The man appointed by Ed Miliband to set out a plan to deal with Britain's 'housing crisis' has called the right to buy council homes a 'failure' and predicted it will end in five years. Sir Michael Lyons made the remarks as he introduced a meeting to discuss housing policies across the West Midlands. Sir Michael said: "We will see an end to the right to buy within the next five years and a recognition that it was a failure. It was introduced in the belief that it would lead to more home ownership and more people, through owning their own homes, investing in their communities. But homes sold under right to buy often ended up as rented accommodation." Read more on the Express and Star website.

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