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dipsydoodle

(42,239 posts)

5. Right to buy goes back years

Reply to HiPointDem (Reply #4)

Thu Feb 28, 2013, 07:31 AM

Feb 2013

Labour Party initially proposed the idea of the right of tenants to own the house they live in, in its manifesto for the 1959 General Election which it subsequently lost.[1] http://en.wikipedia.org/wiki/Right_to_Buy

Its an option for those who had the preference to do so. There are restrictions on how soon after such a purchase the house can be re-sold given that the sale price to the tenant would've been at highly preferential terms.

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The UK seems more advanced than the US in some respects..."poverty porn" [View all] HiPointDem Feb 2013 OP

Very well observed article. sibelian Feb 2013 #1

i was kind of surprised, actually, to read that story. i guess the uk is ramping up that kind of HiPointDem Feb 2013 #4

Right to buy goes back years dipsydoodle Feb 2013 #5

but it looks like it didn't happen much until the 80s. so what happens to a council flat when HiPointDem Feb 2013 #6

First time its sold it has become private housing. dipsydoodle Feb 2013 #7

so has the stock of low-income housing decreased? HiPointDem Feb 2013 #8

in some areas but that was the plan, it was becoming burdensome on the corpy to maintain the homes loli phabay Feb 2013 #11

interesting, thanks. HiPointDem Feb 2013 #14

a good example is the city of glasgow which had over 90,000 council houses on the books loli phabay Feb 2013 #19

Was off set by the rise in housing associations dipsydoodle Feb 2013 #15

"Although independent they are regulated by the state and commonly receive public funding." HiPointDem Feb 2013 #21

yeah I think it was two years after you buy it before you can sell loli phabay Feb 2013 #10

There are some new rules in place dipsydoodle Feb 2013 #16

it's been a few years since I looked into it, does the vendor have to pay market price to buy back loli phabay Feb 2013 #18

Not sure about that aspect. dipsydoodle Feb 2013 #20

I have a different take on the show, I look at it like rab c nesbitt in that there is an element of loli phabay Feb 2013 #9

Thanks You HiPointDem Beearewhyain Feb 2013 #2

meanwhile HSBC .... dtom67 Feb 2013 #3

Snooze...... Zax2me Feb 2013 #12

could you elaborate on that? HiPointDem Feb 2013 #13

Strange response! sibelian Feb 2013 #17