The real winners (and losers) of the Tory right-to-buy scheme
Much dust was kicked up by the Conservative pledge to widen right-to-buy to housing association tenants. How dare the Tories offer six-figure discounts on homes that don’t belong to them? Or so the housing chiefs thundered, amid threats to mire the idea in a costly court battle. But as the dust settles, how much of that anger is justified? Will the idea seriously harm the landlords to most of the nation’s social housing tenants? The first thing to note is that much of the initial anger was poorly directed. Housing chiefs were caught somewhat off-guard by a surprise pledge to compensate them for the six-figure discounts. This financial twist – not extended to local authorities – undermined
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