On 21/01/2021 02:46 pm, Dave Plowman (News) wrote:
In article ,
Tim Lamb wrote:
I already had a house and didn't pay much attention at the time they
were sold off. Without knowing anything about the construction funding,
it seemed not unreasonable at the time.

Is something preventing any local authority building more?

Thatcher specifically forbad the use of money obtained from the sale of
council housing being used to build more. She didn't want any in
subsidised housing, as they would be more likely not to vote Tory.

And once you legislate how councils spend what money they have, it becomes
very difficult for them to go back to building housing.

What money would councils used to build council houses in an alternative
reality where the RTB hadn't existed?

Whatever it was, the RTB rules didn't apply to it.