£1 Million Kick Start For Chesterfield's First Time Buyers Beckons

[Pete]

Cheers Jon

[chesterfieldchris]

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[k4blades]

The latest idea being pedalled to help the housing crisis, is for councils to be made to sell all their more expensive properties meaning they could afford to build more cheaper ones.
The figures in the report do seem a little optimistic in my opinion, I wonder, Slacker, do you know or could you find out, the average value of the housing stock held by the council.

Also, who's going to buy all these "more expensive", ex council houses.

[chesterfieldchris]

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[therealjr]

I stand to be corrected but I think the idea was that a council like Westminster (plucking the names out of the air here) sold their 'expensive' council houses and give the money to Tower Hamlets who could build cheap ones and re-house some of Westminsters poorer tenants. Critics say it amounts to 'economic cleansing'.