Should social housing tenants have the right to buy their rented homes at a discount?
The 'Right to Buy' is a policy introduced in the UK in 1980 that allows tenants of council housing to purchase the home they live in at a significant discount. Since its inception, millions of homes have been transferred from public to private ownership, significantly increasing the rate of home ownership among the working class. Proponents argue that the policy democratizes wealth and gives tenants a stake in their community. Opponents argue that because the sold homes were rarely replaced, the policy has decimated the stock of affordable social housing, forcing low-income families into expensive and insecure private rentals.
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Social housing tenants he to pay rent for their entire lives. There is no point at which it is paid off and they live rent free. I am not eligible for universal credit, disabled and can't work enough to make a liveable income, will pay rent all my life that just goes up every year. My housing association are happy for me to improve this home yet it will never be mine.
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