England to sell eight times more council homes than it built last year, report finds

According to a report by the thinktank Common Wealth, England is set to sell off more than eight times as many council homes in 2025-26 as were constructed the previous year. The depletion of social housing stock due to the right-to-buy scheme is outpacing the construction of new public housing, leading to people having to spend more on private market rents and obtain less secure tenancies. The report calls for councils to have the first refusal to buy ex-council homes entering the market in order to address this issue and maintain the stock of social housing.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.