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Debate House Prices


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Expensive council houses should be sold...

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Comments

  • Matt1977
    Matt1977 Posts: 300 Forumite
    Wookster wrote: »
    Can someone tell me why council tenants have a right to buy property at deeply discounted rates? This sounds like bribing the electorate.

    It was a bribe alright. My parents bought their council house in or around 1982 and voted for Thatcher's Tories during the following General Elections.

    Having talked with them about the housing market in general and council housing (or what's left of it), I think that they genuinely believed that the proceeds of council house sales were ploughed into creating more affordable housing. They also believed that they had a God Given right to buy that house for a discount, having been tenants for 14 years.

    Their house is worth perhaps around ten times what they paid for it - about eight or nine times my current salary. :(
    Generation Rent
  • CKhalvashi wrote: »
    Errm, I'm a Cllr, and we'd have to declare if we're on the board of a respective organisation. At a meeting regarding parking permits, I even had to declare that I'm the customer of 'xyz Vets' in the town, as it was one of the affected streets.

    Same thing as MP's really. They had to declare which house was their main residence, and how much they have spent on expenses 'solely and necessarily as part of their job...'.

    However, CK, I have absolutely no doubt of your own honesty.
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