Leekbrookgull
Well-known member
With the current shortage of affordable housing,looks like abit of an own goal here by the Tories ?
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The Right To Buy.
- Thread starter Leekbrookgull
- Start date
Lord Bracknell
On fire
I'm completely baffled as to how they think this will win them more votes than they will lose.
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,401
Permanent shortage more like. The Property Ladder as a concept is dead in the water in the UK, Buy a nondescript so-so house for half a million quid with your partner, split up shortly after, end up funding some chancer's pension via their buy-to-let. Wouldn't happen in Germany.
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Surely it doesn't change the shortage one way or the other. There are the same number of houses and the same number of people wanting them. Just different ownership. And just possibly some extra money available to meet the target of building 400,000 new houses in 5 years?
seagullsovergrimsby
#cpfctinpotclub
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.
Is this one of their policies that they have shown how they will fund it? Or is it another one of the 'well we made savings last time and we think we can do it again although we're not going to tell you where' strategies.
Maybe the very people that are living in some of these housing association properties are going to be the very first ones to face the wrath of the deep cut in welfare and public services that the Tories are going to make.
Maybe the very people that are living in some of these housing association properties are going to be the very first ones to face the wrath of the deep cut in welfare and public services that the Tories are going to make.
nicko31
Well-known member
Help to buy, right to buy, £1 billion stamp duty away, relaxing building rules on energy efficiency. What's next, why not reintroduce tax relief on mortgages, when will the meddling end?
What extra money? The money they get from flogging off houses at discounted prices, paying for new houses at full price which will then also be flogged off at a discount - with no more rent revenue coming in from them once they are sold, ever?
Flogging off the family silver always was a desperate, short term policy.
Machiavelli
Well-known member
Glad to see NSC, thus far, see this idea as a last desperate act of neoliberalism. The Tories really are having a 'mare of a campaign. This following on from their inheritance tax bribe. It's quite delicious to observe.
seagullsovergrimsby
#cpfctinpotclub
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.
Don't forget freeing up people's pension funds to splurge on by to lets.
Yes, a couple more such measures should see them over the (losing) threshold.
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 72,401
Hopefully this latest tranche of Right To Buy will go the way of the previous Thatcherite Right To Buy tranche for the Tories. Thatcher offered Scottish voters the Right To Buy. Scottish voters unanimously said cheers for that Maggie, still not voting for your scummy party tho ya BITCH! 
They might well be the victims of welfare cuts when they find that the Housing Benefit which helped them pay their rent is not available - or at least much less available (I haven't been keeping up with the rule changes lately) - to mortgagees
Ernest
Stupid IDIOT
As I said on the other thread, the only part of this policy the Tories really want is to force councils to sell off their most expensive properties
crookie
Well-known member
This one policy might cost the Tories my vote, not that it makes any difference in Tunbridge Wells anyway. There are so many objections to this.
- Some Housing Associations are private companies, so it will be Conservative policy to force a private company to sell it's assets, against it's will at a below market rate ? Really ?
- How is it possibly fair that someone who is fortunate enough to have lived in a Housing Association property for just 3 years, gets the right to buy it at a discount ? What about the people, especially in the South East, paying full market private rents, struggling to save up enough for a deposit of their own ? We taxpayers paid for construction of , and subsidise the rents paid on these properties, the people fortunate enough to benefit from that will clean up, taking advantage of the ever-rising house prices.
- My partner works in housing, and she told me a classic example of the consequences of right to buy. One guy got the max discount on the right to buy as he had lived there for years, never worked, so never paid rent, it was all housing benefit, so it was bought for a song. The council now houses a family in there, via housing benefit, at market rent, it's near London, so v expensive. The guy who bought it on the cheap now lives abroad in Spain off the rental income the Council pays him for a property he never paid a penny for, that they used to own. You couldn't make it up. Sure there are plenty of similar stories, and there will be many more now.
Economics of the madhouse.
- Some Housing Associations are private companies, so it will be Conservative policy to force a private company to sell it's assets, against it's will at a below market rate ? Really ?
- How is it possibly fair that someone who is fortunate enough to have lived in a Housing Association property for just 3 years, gets the right to buy it at a discount ? What about the people, especially in the South East, paying full market private rents, struggling to save up enough for a deposit of their own ? We taxpayers paid for construction of , and subsidise the rents paid on these properties, the people fortunate enough to benefit from that will clean up, taking advantage of the ever-rising house prices.
- My partner works in housing, and she told me a classic example of the consequences of right to buy. One guy got the max discount on the right to buy as he had lived there for years, never worked, so never paid rent, it was all housing benefit, so it was bought for a song. The council now houses a family in there, via housing benefit, at market rent, it's near London, so v expensive. The guy who bought it on the cheap now lives abroad in Spain off the rental income the Council pays him for a property he never paid a penny for, that they used to own. You couldn't make it up. Sure there are plenty of similar stories, and there will be many more now.
Economics of the madhouse.
Perhaps they'll also extend the right to buy to buy to let tenants. Now that really WOULD be interesting!
which frees up money to build some of these 400,000 houses over 5 years?? so both increasing supply, home ownership and fairness at a stroke. A MASTERPLAN!
Hastings gull
Well-known member
- Nov 23, 2013
- 4,652
Is this what everyone is going to do with their freed-up pension fund? You have obviously spoken to thousands of folk about this?