Comments by "Greg Greg" (@SlowhandGreg) on "“Why Did You Bother Calling?” | Caller Ken And Cristo's Heated Debate Over Thatcher's 'Right To Buy'" video.

Since the policy was enacted billions has been spent by the government in transferring 2 million houses to the private sector. From 2010 the Government has pumped 50 billion into these schemes while simultaneously pushing the cost onto borrowing Asset Stripping the councils of housing means they no longer have an income stream from rents, this revenue stream has to be either replaced or cuts made. Further they still have an obligation to provide housing support in 2023 this figure ballooned to 20 billion and is pushing some councils to the brink of bankruptcy + Pumping money into the housing market has increased values since 2010 by 66% at the same time wages have stagnated and are in real terms -7% A total failure of a policy that is artificially driving up house prices while pushing councils into bankruptcy
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It's worse than that, one of the reasons councils are going bankrupt is they still have a statutory duty to house people so last year spent a combined 20 billion on housing support going to the private sector also when they owned the council stock they got a rent which went into reducing council tax required
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