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Old 13-03-2012, 10:13   #8
martyh
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Location: newcastle upon tyne
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Re: Dave selling council houses (Just like Thatcher did)

Aside from the fact that i am against the right to buy scheme in any incarnation ,the difference between this one and any other is that the money raised will stay with the LA that sold the house and they will have to build a new house for everyone that is sold .At least that's what is supposed to happen in the original idea
http://www.cableforum.co.uk/board/20...obs-homes.html

I also fail to see how encouraging people to buy houses in such a uncertain job market is going to be beneficial to anyone .I foresee lots of problems with people taking out 95% mortgages to buy new build houses ,they can very quickly end up in negative equity which won't be a problem if they keep their current wage level and don't move
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