Responsible for the housing crisis,or an opportunity for tough-working families? The data behind right to buyFrom the moment of its introduction on 3 October 1980, right to buy has been a divisive and controversial policy. Supporters argue it gives the aspirational working class the opportunity to own their own domestic and improve their financial circumstances: opponents say it amounts to a sub-market flogging of public assets and has caused distorted house prices, or considerably contributing to the housing crisis. Those against the policy spanned the political divide – with some Conservatives against the undervaluing and flogging of assets,finding themselves on the same side as Labour MPs defending state-owned housing.
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Source: theguardian.com