Council Homes Sold Off Almost Three Times As Fast As New Ones Are Built

Council homes are being sold off almost three times faster than local authorities can replace them, new analysis has revealed, with some local authorities selling 20 times the number of homes that were built in three years. Analysis of figures from 72 councils who responded to freedom of information requests found the mass selloff has raised more than £930m from the sale of more than 12,000 council houses since 2014. In those boroughs, just 4,309 houses were built in the same time. Read more on the Guardian website.