Reply to post: Mandatory reading for...

Only a CNUT would hold back the waves of the sharing economy


Mandatory reading for...

...housing policy makers.

The Uber story translates pretty well to the Right2Buy on social housing. In brief, council tenants with no capital buy flats cheap using cash lent by property company. Property company takes flat after three years and lets it out for vastly more than council rents, sometimes renting it back to council to house growing homeless.

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