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AIBU

AIBU to totally disagree with 'the right to buy'?

(136 Posts)
durhamjen Sun 25-Sept-16 17:13:10

Obviously there's not a lot that's considered newsworthy by the DM, because he bought it in 2014, the article says.

It's actually Tory policy at the moment to make councils sell off property of high value, so it would actually be hypocritical for any Tory voter to say this is wrong.

whitewave Sun 25-Sept-16 17:09:49

I had a friend who lived in a council house -this when I was in my 30s. Her husband earned far more than my DH at the time. We were buying our house. We both had 2 children. They were able to buy their council house at a ridiculously low amount, which at the time meant that we were all subsidising these purchases.

They were able to pay off their house far sooner than we were able to. It didn't seem terribly fair to me, plus of course a decent home was taken off the social housing list.

Nandalot Sun 25-Sept-16 17:09:45

No, not unreasonable. The money raised was not ploughed back into increasing housing stock and we now have the situation where private landlords are charging huge rents with very little alternative for those needing/ wanting to rent.

Tizliz Sun 25-Sept-16 17:06:24

It would not be so bad if the money was used to build more houses but that never happened.

durhamjen Sun 25-Sept-16 17:05:23

Labour party has said it will get rid of the right to buy if elected.

seacliff Sun 25-Sept-16 17:04:15

I agree with you both too. To me, it makes no sense to allow social housing to be sold off at often greatly reduced price.

Then what happens when more people need housing help - no houses left. Has always seemed a mad idea to me.

SueDonim Sun 25-Sept-16 17:02:55

Right To Buy has recently been banned in Scotland in an effort to increase housing stock. www.gov.scot/Topics/Built-Environment/Housing/16342/rtb

I do understand the sentiment when RTB was initially brought in, with people paying out rent for 40 or 50 years and having nothing to show for it at the end plus the desire to improve your own home, which many councils banned back then.

But times have changed and I think it's right to call a halt to RTB.

Daddima Sun 25-Sept-16 16:52:24

Where we live, the families of residents have bought the properties in their parents' names, then sold them for many thousands when the parents popped their clogs.
Across from us, bought for £6,000, sold for £ 140,000.

Luckygirl Sun 25-Sept-16 16:51:37

I am not sure that renting a property is such a bad thing - it is the norm in many parts of Europe. It is only the "Englishman's home is his castle" mentality that makes us extol the virtues of home owning. Many young couples devote their lives to the purchase of a house when they might be better off renting.

There seemed to be no sound reasoning behind the right to buy policy other than it being a vote catcher for council house tenants who were laughing all the way to the bank.

Now these houses are being sold off at true market value, making a killing for their owners and removing the houses from the rental market when they are so badly needed.

A bad policy I think and based on the false premise that it is better to buy than to rent. We should have been encouraging responsible councils and housing associations to expand the rental market.

spyder08 Sun 25-Sept-16 16:45:28

Smileless..no I don't think you are being unreasonable at all, I am in total agreement.I would go as far as to say that the "right to buy" scheme caused the lack of social housing. I was a great supporter and admirer of Mrs Thatcher (head now firmly below parapet, waiting for fallout) but this is one policy I did not agree with.
My own FIL "bought" his council house at a silly knock down price and then bragged about it unceasingly. I firmly believe that if people want to buy they should do so within the private sector and pay "the going rate" . Every council house bought is another one taken from housing stock. The younger generation have now become the renting generation, they can't get a mortgage and they can't get a council property. In effect they are trapped.

Smileless2012 Sun 25-Sept-16 14:49:06

I never have been in agreement, with a severe lack of social housing it makes no sense to allow tenants to buy theirs at below the market value simply because they've lived there for a certain length of time.

I couldn't believe it when I read an article yesterday in the DM, sorry can't do links as I'm a technophobe, that Arthur Scargill is buying a London Flat worth 2 million for the reduced sum of 1 millionangryshock.

It seems that the rules are a tenant is eligible to buy a council home only if it is their 'only or main home'; only!!! how many homes do some people need???