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Four in 10 right-to-buy homes are now owned by private landlords
You couldn’t make it up! Taxpayers subsidised mass privatisation of social housing. Housing shortages led to a massive increase in rents. Housing benefits paid for that increase. Landlords got rich and bought-up the former council houses.
Precise figures on rents paid are unavailable. But Inside Housing said the average council rent in England was £88 per week, compared with £210 charged by private landlords. In London, this gap grows from £108 for council rents to £359 for private rents.
And this is before they start to pilot right to buy for housing association tenants next year…..
http://www.theguardian.com/society/2017/dec/08/right-to-buy-homes-owned-private-landlords