Quote Originally Posted by Mambo View Post
The problem is - if you have no right to buy, you are telling the occupants of the council house - they will be renters forever and never own their own home - is that a problem for you ?

Also by offering cheap rents to a family in a council house (effectively for ever) the Landlord (the council) is responsible for the white goods as well as the upkeep of the property - would the council make enough money from the rent to cover this ? - if they arent where does that money come from ?

Im all for affordable housing etc - but only if it effectively pays for itself.
I saw a program about housing in London and part of it focussed on developments where half are sold at the market rate and half sold at a multiplier of the local average wage (value of property is then tied to this calculation forever). Seemed like a positive initiative although I got the impression that the couple being shown around didn't really understand the concept.