The end of the Right to Buy scheme has been welcomed by housing bodies in Scotland after 30 years, according to the BBC.
Since this policy was introduced by Margaret Thatcher’s government in 1980, almost 500,000 council and housing association homes were sold under it.
Although, it allowed tenants in social housing to buy their homes at discounted rates, there were concerns that it had contributed to a major shortage of social housing.
The chief executive of the Scottish Federation of Housing Associations (SFHA), Mary Taylor, said:
“Right to Buy has had its day and has no place in modern Scotland.
“SFHA and its members long campaigned for an end to RTB and warmly welcomes the end of a policy which has led to a considerable reduction in the availability of truly affordable social rented homes and contributed to the growing intergenerational inequality in terms of access to affordable quality housing.
“Going forward, we have a chance in Scotland to adopt a housing policy that is focused on the supply of well-designed, energy efficient social rented homes that are truly affordable to people on low incomes.”
The Association of Local Authority Chief Housing Officers (ALACHO) also welcomed the end of the policy.
Policy manager, Tony Cain said:
“Ending the right to buy will allow social landlords to plan longer term, manage assets and income more effectively and most importantly to invest to increase the number of social rented homes for the first time since 1981.
“That means more long-term jobs and apprenticeships to maintain our homes and more households taken out of housing need and living in warm, dry and genuinely affordable housing.”
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For more details, visit the BBC.