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The problem is a £200k property can be bought under right to buy by a tenant for £100k with a 50% discount but by the time the local authority sees any of the proceeds this has been whittled down to about £30k because a large chunk goes back into Treasury coffers. As I understand it any proceeds...

The sums dont add up , the local authorities and HAs will be forced to sell off their most desirable and expensive stock at a sizeable discount to build new affordable housing which in future will be available on a right to buy basis. In Grimsby the council sold off one of its estates to a...

I've just finished reading an article in The Independent which says HATs will go down the litigation route. The Housing Association Trusts are private entities set up as "not for profit" businesses when local authorities divested their housing stock.

It is a Thatcherite strategy aimed at the "I'm alright Jack" sector of the working class electorate. Election bribes will often fool voters who don't realise the long term consequences.