Greg Barradale
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gregbarradale.bsky.social
Greg Barradale
@gregbarradale.bsky.social
Senior reporter for @bigissue.com - covering untold stories from housing and asylum to drugs and politics
A bigger confirmation of being American than any passport could ever be
October 30, 2025 at 11:51 AM
🧨We've dropped the full Yo-yo Home Files (so far!) today. Read them here: www.bigissue.com/news/housing...
October 28, 2025 at 5:24 PM
🪀What's going on with these Yo-yo Homes?

Councils have no choice but to sell under Right to Buy.

Labour’s keeping the policy going.

Yet homelessness is so bad it often makes, sort of, financial sense, to just buy the homes back – even if it means someone gets rich
October 28, 2025 at 5:23 PM
10) In February 2017, Ashfield's council sold a council home under Right to Buy for £19,903

In July 2022, they bought it back for £96,000

💸That’s an almost 5x loss of £76,097
October 28, 2025 at 5:23 PM
9) In December 2016, Stockport Council sold a council home under Right to Buy for £32,300

In May 2023, they bought it back for £135,000

💸That’s a loss of £102,700
October 28, 2025 at 5:23 PM
8) In August 2018, Doncaster Council’s ALMO St Leger Homes sold a council home under Right to Buy for £46,920

In March 2025, they bought it back for £160,000

💸That’s a loss of £113,080
October 28, 2025 at 5:23 PM
7) In October 2016, Wigan’s council sold a council home under Right to Buy for £56,000

In May 2022, they bought it back for £190,000

💸That’s a loss of £134,000
October 28, 2025 at 5:23 PM
6) In January 2019, Rotherham’s council sold a council home under Right to Buy for £30,750

In July 2024, they bought it back for £165,000

💸That’s a 5x loss of £134,250 in five years
October 28, 2025 at 5:22 PM
5) In March 2014, Swindon’s council sold a council home under Right to Buy for £54,050

In April 2023, they bought it back for £250,000 (with another £29k on repairs and voids)

💸That’s a loss of £195,950
October 28, 2025 at 5:22 PM
4) In September 2015, Bristol’s council sold a council home under Right to Buy for £32,200

In January 2025, they bought it back for £195,000

💸That’s a 6x loss of £162,800
October 28, 2025 at 5:22 PM
3) In October 2014, Hackney Council sold a council home under Right to Buy for £95,050

In June 2021, they bought it back for £365,000

💸That’s a loss of £269,950
October 28, 2025 at 5:22 PM
2) In August 2016, Hounslow Council sold a council home under Right to Buy for £272,662

In March 2023 they bought it back for £575,000

💸That’s a loss of £302,338 in seven years
October 28, 2025 at 5:21 PM
1) In January 2016, Greenwich Council sold a council home under Right to Buy for £141,100

In June 2021, they bought it back for £365,000

💸That’s a loss of £223,900 in six years
October 28, 2025 at 5:21 PM