The Flawed Policy of “Right to Buy”

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 The Flawed Policy of “Right to Buy”

By James Grundy

Jim Grundy's photo.

Yesterday, the Tories announced plans to extend the ‘Right to Buy’ to housing associations. In the middle of a housing crisis, when 1.8m households are stuck on council waiting lists, the Tories want to get rid of what social housing remains.

It is so crazy that even the Daily Telegraph referred to it as “economically illiterate and morally wrong.” [1]

In Hucknall we are building the first council homes for 30 years. At a time when there are around 2,500 households in the town on the council’s waiting list, the Tory solution is not to help to address that but to actively make it worse. And, cheeky beggars, they want the tax payer to pay for the privilege!

The National Housing Federation (the representative body for housing associations) estimates that the extension of the ‘Right to Buy’ (‘cos it’s ‘Wrong to Rent’ – from a council or housing association at least) would cost £5.8bn – some say £20bn. [2]

What we need, need desperately, are more homes that people can afford to rent or buy. Changing tenure of any council or housing association property will solve nothing, rather it will only worsen an already appalling problem. How many homes could be built with the money (that they’ve found on the magic money tree – same place as the £8bn for the NHS)?

Rather than an electoral bribe – who can pretend it is anything else? – we need to provide people with places to live and thrive. And today we learn that the Tories want those lucky enough to live in a council property to be threatened with homelessness, scrapping life-time tenancies. [3]

This will do nothing to deal with the waiting lists but undermine the stability of our local communities. It’s simply insanity. But confirmation that, as far as the Tories are concerned, not being a millionaire is simply a lifestyle choice.

We need – and we will – build more homes that people need desperately. The Tories have overseen a huge increase in the level of homelessness. Only last month it was confirmed that the number of children made homeless had grown by 10,000 in just one year. [4]

These latest announcements show just how little they care about that.

  1.  Extending “Right to Buy” Morally Wrong – Telegraph
  2.  Why Extending “Right to Buy” is a Bad Idea – Opinion 24 Dash
  3.  David Cameron annouces plan to end lifetime council tenancies – The Guardian
  4.  Shock, Anger and Dismay at “shameful” rise in homelessness  – 24 Dash

The crisis consists precisely in the fact that the old is dying….

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‘The crisis consists precisely in the fact that the old is dying and the new cannot be born’― Antonio Gramsci, Selections from the Prison Notebooks of Antonio Gramsci 

Capitalism is in its dying days… but what might follow?  Gar Alperovitz offers some pointers as to what he calls these ‘pre-revolutionary’ days.

Gar Alperovitz Straight Talk About the Next American Revolution

Published on Aug 29, 2013

May 30 2013 Gar Alperovitz speaks about why the time is right for a revolutionary, new-economy movement — what it would mean to democratize the ownership of wealth, what it will take to build a new system to replace the decaying one, and more. What people may be surprised to find out is that this revolution is already well under way in the United States with organizations like worker owned cooperatives, credit unions and local currency collectives already taking up a huge portion of the economy. The renowned historian, economist, activist, and writer, is presently the Lionel R. Bauman Professor of Political Economy at the University of Maryland. His latest book is What Then Must We Do? Straight Talk About the Next American Revolution. Cameras by Todd Boyle and J Glenn Evans

Guess Who Profits From Selling Off NHS?

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Russell Brand speaks ‘human’ about the Coalition’s heist of the NHS – selling off the publicly owned ‘Crown Jewels’ to the highest bidder or rentier, under the duplicitous fraud of Austerity.  The EU-US trade deal, TTIP (or NAFTA on Streoids) is intended to make these sell-offs impossible to reverse in the future.

Guess Who Profits From Selling Off NHS: Russell Brand The Trews (E208)

Published on Dec 10, 2014

Russell Brand The Trews (E208).
Reaction to news that a £1billion contract – the biggest ever in the history of the NHS – is out for tender to private companies.
Sign the petition and get involved with your local community http://www.38degrees.org.uk/page/s/Pr…
http://www.keepournhspublic.com/index…

Antidote to Osborne’s fairytale economics

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Panel of leading economists discuss and debate the true state of the economy and the lies underpinning the Government’s austerity programme.

The panel includes:
Owen Jones, Journalist
James Meadway, Senior Economist, New Economics Foundation
Ann Pettifor, Prime Economics
Micheal Burke, Economist
Chaired by:
Christine Blower, General Secretary, NUT

This economic briefing was recorded just a few days ahead of George Osborne’s Autumn Statement… but none of the panellists came close to anticipating the level of hubris, triumphalism and double-dealing that accompanied the Osborne Autumn Statement.  It was a truly breath-taking performance!

Find out the real effects and intent of austerity that George Osborne and the Government don’t want you to know…

 

The People’s Assembly Against Austerity – Economic Briefing – 27.11.14