Tuesday, September 21, 2010
Tories refuse a moratorium on RTB
"The right to buy has given many households access to home ownership but not to better places. The buyers were social renters to begin with, and for a reason. They have less money than most people, find it harder to get a mortgage and now cannot attract buyers for ex-council homes which are unpopular," van Ham says. Interesting article all-round; particularly enjoyed seeing the Lewisham couple's anecdote again - that one (along with a few other questionable sub-prime candidates) did the rounds a a year or so ago.