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
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
In July 2022, they bought it back for £96,000
💸That’s an almost 5x loss of £76,097
In July 2022, they bought it back for £96,000
💸That’s an almost 5x loss of £76,097
In May 2023, they bought it back for £135,000
💸That’s a loss of £102,700
In May 2023, they bought it back for £135,000
💸That’s a loss of £102,700
In March 2025, they bought it back for £160,000
💸That’s a loss of £113,080
In March 2025, they bought it back for £160,000
💸That’s a loss of £113,080
In May 2022, they bought it back for £190,000
💸That’s a loss of £134,000
In May 2022, they bought it back for £190,000
💸That’s a loss of £134,000
In July 2024, they bought it back for £165,000
💸That’s a 5x loss of £134,250 in five years
In July 2024, they bought it back for £165,000
💸That’s a 5x loss of £134,250 in five years
In April 2023, they bought it back for £250,000 (with another £29k on repairs and voids)
💸That’s a loss of £195,950
In April 2023, they bought it back for £250,000 (with another £29k on repairs and voids)
💸That’s a loss of £195,950
In January 2025, they bought it back for £195,000
💸That’s a 6x loss of £162,800
In January 2025, they bought it back for £195,000
💸That’s a 6x loss of £162,800
In June 2021, they bought it back for £365,000
💸That’s a loss of £269,950
In June 2021, they bought it back for £365,000
💸That’s a loss of £269,950
In March 2023 they bought it back for £575,000
💸That’s a loss of £302,338 in seven years
In March 2023 they bought it back for £575,000
💸That’s a loss of £302,338 in seven years
In June 2021, they bought it back for £365,000
💸That’s a loss of £223,900 in six years
In June 2021, they bought it back for £365,000
💸That’s a loss of £223,900 in six years