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Yet Another Cunning Plan

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http://www.plymouthherald.co.uk/Scheme-500-cheap-homes-built/story-19315996-detail/story.html

No mention of the deposit of at least 10% having to be repaid. So after 5 years, the subsidised tenants buy the house, and can sell it at full market price. How does this help with the chronic shortage of council houses?

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http://www.plymouthherald.co.uk/Scheme-500-cheap-homes-built/story-19315996-detail/story.html

No mention of the deposit of at least 10% having to be repaid. So after 5 years, the subsidised tenants buy the house, and can sell it at full market price. How does this help with the chronic shortage of council houses?

500 new homes will be built. This is a good thing.

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Is this not just a privatised version of Maggie's 'right to buy'?

State subsidised purchase of home for living in it for X amount of time?

Seems to have evolved quite a lot further from that. Right to buy originally cut the taxpayers' losses on houses that had been given out on unsustainable terms. Sometime between then and now the idea of saving taxpayer money seems to have been lost.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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