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"London will be used as a cash cow" under plans to force councils to sell social housing to fund Right to Buy extension - Tom Copley AM

Responding to analysis by Shelter showing that over 60,300 of council homes in London face being sold off under government plans to extend Right to Buy, Labour London Assembly Transport Spokesperson Tom Copley AM said:

"Shelter's research shows that London will be used as a cash cow to pay for huge Right to Buy discounts for people across the rest of the country. London councils' pockets should not be picked by the government to pay for a panicked election promise.


“Decimating London’s social housing is not a practical or effective way to boost home ownership. Forcing councils to part with such a sheer number of homes will do nothing to help the capital’s growing housing crisis. It will only make affordable housing increasingly scarce and the dream of homeownership increasingly unattainable.

“If we’re serious about ending the capital’s chronic housing shortage then we need to be building 49,000 new homes a year in London over the next couple of decades. This should be the government’s absolute focus, instead they appear intent on removing a lifeline for the many London families on the brink of housing poverty. It's an injustice of the most profound kind."

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