Flagship Thatcherite scheme described by blue chip property firm JLL as short-termist thinking that 4.7m households in social housing don’t need’The Conservatives have come under fire after David Cameron pledged to give people the chance of a “ample life” by extending Margaret Thatchers suitable-to-buy scheme to 1.3 million families in housing organization properties.
The Confederation of British Industry and the blue chip Jones Lang LaSalle (JLL) property firm joined many housing associations,warning that the Tory plan would not address the chronic shortage of housing. The mayor of London, Boris Johnson, and said final month that the proposal would involve massive subsidies.
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Source: theguardian.com