Supporters of Margaret Thatcher and her legacy often point to her housing policies as her greatest achievement. By creating a “freedom of the market” and a “property owning democracy” through the sale of council housing and the removal of ” unnecessary red tape” in the private rented sector, she is claimed to have increased prosperity for all (except perhaps the “feckless”) and to have increased the number of “stakeholders” in a society which at other times she claimed did not exist!
As with the rest of the Thatcherite legacy the success of her housing policies is myth rather than reality. Indeed the consequences have been disastrous, particularly for most of those not even born when she began her destructive and disastrous rule.
The sale of council housing to sitting tenants was certainly an electorally popular policy. In truth it had very little to do with…
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