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The idea that councils should sell expensive social housing
to fund the building of cheaper homes has been described as a "complete
non-starter" by Nottingham City Council's lead housing councillor. Councillor Dave Liversidge, portfolio holder
for housing, adults and the community sector, said that the theory, which was
published by a think tank called Policy Exchange yesterday, would not work in Nottingham. The report, called Ending Expensive Social
Tenants, claims that selling the most expensive council houses could raise £4.5
billion a year, allowing 170,000 affordable homes to be built. However, Mr Liversidge said there are not a
significant number of council houses in Nottingham
that are worth much more than the average house price. And it would mean getting rid of good quality
family housing, which the city needs. He
said: "I don't believe there'll be more than half a dozen houses that
could be sold at a better than average price.” Read more on the Nottingham Post website.
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