Nadia Whittome

One major driver of the housing crisis has been the selling off of our council homes under Thatcher’s right-to-buy scheme. Not only has that greatly reduced the supply of social housing, exposing more people to higher rents and the insecurity of private renting, but we now know that it has indirectly inflated private rents by shifting low-income households into market-rate renting. That is why I welcome the Bill’s aims of protecting existing social housing stock and incentivising the building of more social rented homes. I also commend its commitment to provide greater social security and stability for social tenants who are victims and survivors of domestic abuse. However, while the Bill turns over a new leaf in our housing policy, I am concerned that it does not go far enough on right to buy. New social homes will only be protected for 35 years, and existing tenants will wait seven more years to buy their homes at a discount, so we will still lose our social housing stock, just at a slower pace. The argument we often hear against removing right to buy from existing social housing is that it would be unfair to those hoping to buy their homes at a discount, but selling public assets to private individuals at a loss to the state is accelerating the housing crisis for all. Since council homes began being sold off at a discount, the state has effectively given away an estimated £194 billion, and to add insult to injury, 41% of those homes are now in the hands of private landlords. The Government rightly recognise that we need to replenish our social housing stock, so as well as a mass programme of council house building, we must help local authorities to recover former council homes through grants and a stronger right of first refusal policy. These measures will, in the long term, pay for themselves. A typical private tenant spends over a third of their income on rent today, compared with only 10% in 1980, so we need more drastic measures to tackle the housing crisis, and that includes stabilising our social housing stock. We should be ending right to buy completely, as Wales and Scotland have, because every year delayed is another year that we fail the hundreds of thousands of people without a secure home, the over 170,000 children in England who are in temporary accommodation and, of course, the millions paying extortionate rents to their landlords.