David Cameron has announced extending the Right to Buy to
housing association tenants as a key plank of the Conservatives' manifesto. But
PoliticsHome has discovered that last month the Mayor of London told London
Assembly members that such a policy would mean his administration being forced
to make up any funding shortfall. "It would be potentially extremely
costly to this body," he told Labour AM Tom Copley. "We would have to make up the
difference. Housing associations are
private bodies, as we all know. It would
involve massive subsidies. We would need
to get the funds to support that. However, at the moment, I want to stress that
there is no such policy." Read more on the Politics Home website.
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