Quote Originally Posted by TISS View Post
Let's say Cardiff had 20000 before the sell off, with a demand of say 23000. Therefore the demand for new housing would be 3000.

Now if 15000 were sold off the total social housing stock would fall by 15000 leaving 5000 social houses. However as the total demand has dropped from 23000 to 8000, and because there are 5000 social houses, we still have overall demand of 3000.

Now whatever metrics you wish to apply (e.g. population growth) would apply irrespective of ownership. In other words, it doesn't matter if the population grows because any increase in demand will be equally applicable in both situations.
Which bit of the simple , like for like equation I have given you don't you understand ?

Not only has the selling off of council homes reduced the stock , it has also meant the quality of that which is left is poor

I mean are you suggesting a professor of housing policy at a major university who has written extensively on the subject is wrong and you , an accountant , are right ?

Why don't you e mail him ?