The scheme has been ended to help retain
The Deputy first leader, Nicola Sturgeon justified the end of the scheme by saying,
“The Scottish Government is doing everything possible to maximise our investment in housing and deliver on our target of 30,000 new, affordable homes over the lifetime of this Parliament. But, given the pressure on both the housing stock and budgets - and with 400,000 people on waiting lists for social housing - we can no longer afford to see badly needed homes lost to the social sector."
“That is why I am today announcing the final stage of the abolition of the Right to Buy – a decision that will safeguard Scotland’s social housing stock for the benefit of citizens today and for our future generations."
The changes have been welcomed by Shelter.
Read more on the changes here
Landlord insurance - portfolio rates
The Right to Buy Policy essentially gives away public assets to a few private individuals at a knock-down price.
ReplyDeleteIt benefits those few individuals, but has left the State with a lack of publicly owned housing stock and a massive housing crisis. It does nothing for future generations, and does not solve the housing problem.
Why should my taxes be used to subsidise and enrich a small number of private individuals? Nobody ever helped me to buy a house, I had to do that on my own.
Let's remember Right-to-Buy was introduced by Thatcher as a vote-buying scheme aimed at bribing Labour voters to switch to the Tories by giving them public assets as a gift.
Any Government not hell-bent on an ideology of flogging off state assets would knock this scheme on the head. Scotland is lucky enough to have such a Government. Shame about the rest of the UK.