Opinion on Right to buy

Norman_Castle

Nullboris wrote: »

Oh and why would anyone buy a council house ? Up to 70% discount , then sell on, and re-locate, get another council house , rinse and repeat .... (not everyone)

It is possible to benefit from more than one rtb sale but the discount on the most recent application will be reduced by the full amount of any previous discounts.


If my maths is correct it takes 40 years to get a 70% discount (happy to be corrected). Add the time before a tenant can apply to buy through rtb, the 5 years before selling to avoid repaying any discount and time spent applying and being given further council tenancies. Hardly rinse and repeat.


https://righttobuy.gov.uk/what-discount-could-you-get/

James_Green_1982

Norman_Castle wrote: »

It is possible to benefit from more than one rtb sale but the discount on the most recent application will be reduced by the full amount of any previous discounts.


If my maths is correct it takes 40 years to get a 70% discount (happy to be corrected). Add the time before a tenant can apply to buy through rtb, the 5 years before selling to avoid repaying any discount and time spent applying and being given further council tenancies. Hardly rinse and repeat.

Don't start bringing facts and logic to an internet thread like this.
The uninformed and the Hard Of Thinking have had their opinions firmly formed.
You must be a Russian Troll.

Davesnave

James_Green_1982 wrote: »

....the regular poster has needed to set up a new user account to post it - as their last attempt was removed.

It is deemed an offence by board guides and mods on MSE to imply that another poster has AEs.


Just saying...:)

da_rule

Norman_Castle wrote: »

If my maths is correct it takes 40 years to get a 70% discount

40 years for a house, 15 years for a flat.

James_Green_1982

Davesnave wrote: »

It is deemed an offence by board guides and mods on MSE to imply that another poster has AEs.

As a Russian Troll, I consider myself exempt from such rules.

parkrunner

Right to buy is great if you are in the position to take advantage of it and awful if you aren't.

diggingdude

csgohan4

[Deleted User]

sevenhills wrote: »

As I understand council rents, repairs are paid for by the rents. You bought your own home, so I would assume you think that is cheaper/better option?

Check your council tax bill breakdown.

Mine includes a portion to pay for social housing (as do some other council areas) so not everything is paid for by rent.

sevenhills

Spider_In_The_Bath wrote: »

Check your council tax bill breakdown.
Mine includes a portion to pay for social housing (as do some other council areas) so not everything is paid for by rent.

I dont agree, unless you can show me some facts. I have found this



file:///C:/Users/Nigel/AppData/Local/Temp/Council_Tax_Leaflet_2019_20___Charges_leaflet.pdf


which shows 3% of council tax going towards "housing and homelessness", not sure that is general day-to-day support for council houses.