26 May 2015

Think One-For-One Replacement of the Right to Buy Stacks Up? Look at Greater Manchester

Probably the hardest hit by the failure to replace Right to Buy homes is the heart of the Northern Powerhouse itself, Greater Manchester, and the conurbation's experience should set off screaming alarm bells about what may happen under the new scheme. Some 863 social rented homes have been sold in Greater Manchester since 2012, when the promise of one-for-one replacements was first made. Yet of those only two have been replaced: two connected semis on a cul-de-sac in a Wigan suburb. To put it bluntly, the government has tried to squeeze too much out of too small an amount of money...

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