Tuesday, Mar 05, 2013
A nation of renters
The multi-millionaire son of a Tory minister who presided over the controversial “right-to -buy” scheme is a buy-to-let landlord owning scores of former council flats.
A Daily Mirror investigation found a third of ex-council homes sold in the 1980s under Margaret Thatcher were now owned by private landlords.
In one London borough almost half of ex-council properties are now sub-let to tenants.
Tycoon Charles Gow and his wife own at least 40 ex-council flats on one South London estate.
His father Ian Gow was one of Mrs Thatcher’s top aides and was Housing Minister during the peak years of right-to-buy.
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