Another housing privatisation disaster
When the Ministry of Defence sold its armed forces housing in 1996, it already looked a bad deal: 57,000 houses were sold for £30,000 each, well under half the average house price at the time. Overnight, the sale created Britain’s biggest private landlord and gave it a blue chip tenant – the MoD. Yet the […]
Book Review: After Council Housing: Britain’s New Social Landlords by Hal Pawson and David Mullins
Was stock transfer a good idea? The odd thing about the question is that those answering ‘no’ straddle the political spectrum. Of course, Defend Council Housing has been opposing stock transfer since it was set up thirteen years ago when Labour was first elected. It was affronted that the new government not only continued but […]