Thursday, 5 November 2015

New Lords Showdown Over Right-To-Buy Threat To Rural Areas

With many peers already uneasy about the effects of extending right-to-buy to housing associations, some are now raising concerns about the impact of the policies on country areas where low-cost properties to buy or rent are in short supply.  The Campaign to Protect Rural England (CPRE) demanded that country areas be exempted from the latest right-to-buy plans. “Rural areas already face a shortage of affordable homes and an ever-growing gap between wages and house prices,” said the campaign’s policy adviser. “As homes bought under the right-to-buy scheme are inevitably resold on the open market at prices way beyond the reach of those they were built for, families and young workers face the prospect of being forced out. The government has argued that each home sold under the scheme will be replaced. Yet replacements are not guaranteed to be built in the local area.” Read more on the Observer website.

No comments: