I’m entirely for purposely doing things that cause Tories to have shit fits that make them pass out and require hospitalization so they can experience the NHS wait times and lack of specialists they wrought.
The Scottish government stopped the right to buy years ago and we now have a great stock of new social housing and it's getting bigger every day. The social housing standards are very high too, compared to private.
Alot of the new housing stock in Scotland does get sold off in shared ownership schemes. Although the housing association retains 5% it's still annoying to see newly built social housing in Scotland being sold off 5 years later
“We haven’t built enough homes”. So why didn’t you do something about it when you were in government Moggy? Though the irony of pulling up the ladder is lost on him when he was part of a Government that had ministers in it who did the same.
Ian gow, the minister under thatcher who was housing minister at the time had a son who bought ex council right to buy properties at knockdown prices and became a landlord making a fortune. It was just asset stripping for tories and their pals to make money, reduce the housing stock and drive up property prices so they could cash in.
We were told by the rich and super rich that privatisation of water was a good idea. How did that work out? We were told by the rich and super rich that BREXIT was a good idea. How did that work out? We were told by the rich and super rich that their method of getting PPE was a good idea. How did that work out??????????
Council housing is a necessity and people being able to buy then sell them off defeats the entire point of them. If you want poor people to afford to buy their own home, build those separately and prioritise sales to first time buyers. Keep council housing as council housing.
Right to buy meant the Councils selling off the council housing stock could only keep 25% of the sale proceeds the money left went to central Tory Thatcher Government ,designed as yet another great Conservative wheez to to take our money to spend on their whims. The result less housing stock available for families that needed it at a moderate rent.
The quicker we get rid of this the better , we need council houses for those who can not afford to buy and get ripped off with high rents from mainly Tory voters
Absolutely spot on. I worked for a builder and witnessed a speculator coming in and buying 10 and straight away the builder pushed up the price as he felt he was selling too cheap. Pension funds would speculate too and by the end of year two ..... prices would have jumped 50%. How are young people to have any hope. The answer is to only allow anybody to buy one house... sounds harsh but it is for the common good. When renters reach pension age, rents will continue upwards but their means to pay will have diminished. The state will have to supplement their rents. I have seen areas where holiday homes were being bought up and preventing locals any opportunity of buying locally and thus having ghost towns out of season.
If I recall Angela said on Sky, the right to buy scheme needed updating, not ending????? Mr Mogg, can we please discuss the hoovering up of property in places like Cornwall and other desirable locations by wealthy (Tory?) buyers as holiday homes? Holiday home ownership makes it just about impossible for local buyers to own their own home.
Austria has a law requiring two new trees planting for every one cut down. Councils should be obliged to build two new affordable homes for every one they sell under the right to buy.
Watch again - a key problem is that councils were not permitted to build to replenish social housing. That was a central and integral popint of "right to buy".
No, without the Right To Buy scheme, the houses wouldn't be on the market for private landlords to buy. The problem with the right to buy is twofold, housing is removed from the public sector with councils prevented from building new homes with the proceeds and as the homes were sold at a discount buyers were incentivised to resell at market prices and make a profit at public expense. If when sold the buyers were required to sell them back to the council for the buying price there might be some basis for the buyers to hold on to them so their children could benefit but that isn't what happened. Buyers held on to the ex-council homes until market prices increased and then they sold and took a profit.
@@MrDeadhead1952 wasn’t the 40% of the buyers tho? I.e 60% didn’t do that. They could add restrictions or amend the scheme, doesn’t require they scrap the whole thing
I used to work for Rochdale Council, the town centre has be massively re-developed in the past few years, the development has included building apartment blocks, the entire blocks have been bought by one developer to rent out, so much for owning your own home!
Thatcher made Councils sell off council houses cheap because research showed people who owned their own property were more likely to vote Conservative. You had the situation where "Lady" Porter sold off property to increase the chance that that constituency would then vote Tory rather than Labour, she did not sell off council houses where there was no chance of Labour losing. Thatcher stopped councils from building new council houses to replace the ones sold off, hence we now have a problem with affordable property for rent as private property landlords keep the prices of housing high and the rents high, stopping first time buyers entering the market and forcing them to pay sky high rent. Virtually all of Thatcher's policies were short term and we now face the consequences.
90% of right to buy council houses have eventually ended up in the hands of private landlords charging double if not treble the local authority rates for rent !
Which was the entire point and why the funds raised from sale of council property were not put back into building more - it was about removing social housing and pushing future working class into private renting or 'housing' associations because they didn't want to 'fund' social housing for the workforce
But they didn’t replace houses once they were bought which meant there’s been a shortage of council houses and he’s spouting rubbish about affordable housing etc as people can’t afford it or even rent in most cases
And most crucial of all he does not understand the extent of his own ignorance. Being ignorant can be excusable. None of us know everything about everything. But to pretend you know about everything and say smug falsehoods about every political topic under the sun is appalling.
The original idea to sell off council properties was Labours but with profits going back to build more council homes,It was hijacked by Thatcher but the profits were swallowed up by her cronies .Mogg is an irrelevance
Absolutely, those homes should only go to first time buyers or the tenants living in it. Only. I am surprised rich businesses were allowed to purchase them.
Great video. What Mogg failed to say is many people who bought homes under Thatcher got shafted due to the very poor condition of some of the properties, especially flats. I remember people lost fortunes in that era as there was the Lawson housing crash too, another Tory disaster!
As Mogg suggested, social housing encourages Labour voters, that is why the Tories put an end to new social housing construction. Corporations in the USA are looking to buy up the entire housing stock in towns and renting them out, another path to uninterrupted income generation, and meanwhile politicians just wring their hands.
Yes, the original plan, developed by advisors to Callaghan who wanted fresh thinking, especially with the problems of inflation then, affecting councils budgets, housing stock needing replacement. So the plan was to allow councils (if they wanted to) to sell some and use the proceeds to allow the replacement with new council homes. But the Labour left would never wear it, back then they had a bigger policy influence, some you could ignore, their stance on defence in the Cold War for example and foreign policy but something like this, well you can imagine what a young, bearded councilor in Haringay North London called Jeremy would have thought of it. Not to mention the minister who always complained but wouldn’t resign, Benn. So a policy that would be popular but also useful was denied to the party for their manifesto, the Tories however……. But of course they away the part of letting councils use the profits from sales to build more council homes, for them it was ideological and part of Thatcher’s war on local authorities. Unlike the privately educated Tony and Jeremy (and much of their wing of the party), Rayner likely has some ideas about this having come from poverty herself.
@@grahambuckerfield4640 Rayner's dutiful adherence to the neo-liberal diktats of the IKEA Stalin does not allow her enough time to come up with any original ideas.
What JRM do not understand in 1979 the Labour Party in their manifesto also included The Right To Buy - it was not as expansive then the Conservatives but it was in their documents. In 1982 under Michael Foot with their more hardline left tack, they had somewhat stepped back from The Right To Buy
Governments didn't bother to replace the housing stock lost since Thatcher brought Right To Buy in and rent and house prices have steadily increased ever since. Labour are going to try and build us out of the rut with a proposed 1.5 million new homes in 5 years. As someone that has been a social housing tenant for 20 years rents and service charges have more than doubled. My neighbours are all key workers, carers, trainee doctors, NHS workers we're all under threat of eviction due to the building no longer being fit for purpose, we've been told than they have no legal obligation to rehouse us and to inform the council we're about to be made homeless. The council don't have housing stock either and that's exactly why the RTB scheme needs to be ended.
Were people aware that the Police staff had their mortgages paid by taxpayers whilst in post, I was shocked when I learnt this whilst serving at Hampshire constabulary.
The problem here is the extent to which any relevant policy skates too close to both right wing and general societal ideas of radical socialism or even outright communism. The political dialogue will always muddy the economic and social dialogues. The reason is because the logical solution is, as you imply, to exclude the free market from public housing development and subsequent management altogether. Public funds are used to create the new housing stock that was ultimately taken out of the market by Iron Mag's policy. This housing stock is vested in local councils as per the early welfare state days and beyond. Right to buy can still exist, provided that the destination of the housing stock and the sale proceeds is exactly the opposite of Thatcher's policy. The stock must be ring-fenced within the target sector - no sales to the open market, only onto individual purchasers as residences. What they then do is up to them but the important thing is that the original funds used for the first purchase from the council MUST go straight back into creating replacement stock. Alongside this incremental overall growth of housing stock nationally, additional public investment must be an ongoing priority. It's both an economic generator in its own right and also a long term market leveller in terms of general housing scarcity and overpricing...
So Moggie hasn't understood that the affordable housing situation for people to even rent is because of his "beloved" maggie's policies. Our first PM who had private unrecorded meetings with Oil companies...... Now i wonder why we have so many oil and gas powered power stations and no development in nuclear or green energy from that period.
Ahh... . The ex Minister for Brexit opportunities and government efficiency, the man that told everyone we'd have cheaper shoes , and his impersonation of Caraticus Potts at the end.
there are hardly any council houses left - the key builder of housing, local authorites, were prevented fron building - and they couldn't have afforded to anyway, as they were only able to sell for 3/4 marekt value.
3:27 Part of the laws past on The Right To BUY... The councils only got 50% of the money back from the sales of homes... That money had to be used to pay off all debts first... Any excess money could never be spent (it was part of the Right To Buy laws) - it even went to the high court in the 1980s becuse councils fought to be able to spend this money but the ruling was they could only spend the interest or the profits made from the investment of the capital. Also included in these laws was one restricting coucils being able to build any more council housing.
What Rayner should do is change the discount available (approaching 0%), and to require that the sale of council houses fund building of new social housing with planning permission bypassing local appeal procedures. Also, there should be extra high tax rates for a home not lived in by the owner - with extremely high tax rates for business-owned property.
"... what is great about Conservatism..." Well JRM never looked into the disasterous consequences for normal people of that "Great Conservatism" over the last 14 years. BTW : selling Counsil housing means less rental housing will be available..
Thatcher wouldn't allow councils to use the money to build new social housing. Private landlords have massively increased rents, making it impossible for their tenants to save for a deposit to buy their own homes. This is why there is a housing shortage in the country.
My cousin is a carer and has saved for 7 years for a decent deposit to buy her council home. I get where Angela Rayner is coming from as the houses either side of her are now owned by private landlords, but on her carers wage buying her council house is the only way she will own a home. A solution needs to be found but yet again it seems like those with the least are expected to make the sacrifices
Right to buy, said to be selling of council houses that funded the building of new houses, and none were built, and the funds acquired from selling them went missing, wonder if the coal-fired tory from the 18th century could answer where his predecessors put the money, after all, it could be considered as theft, which the tories are well-known for doing...
I wonder if Jacob Rees-Mogg has ever been to a council estate. He likes to give the impression that he has not. If you walk round a council estate you discover that those owned by private landlords cost more to rent than those that are for council tenants.
I understand from reports on the radio this morning that the sale of council houses was originally a Labour Idea in the 70's - and that Rayner's proposal is is not to end the right to buy but to restrict it to long sitting tenants, thus reducing/eliminating the chances of property speculators from taking advantage from short-term occupancy rights.
Surely if there are more houses now, rents would be cheaper than they were - say 5-10 years ago. Rent prices and profits go up, while tenant rights and affordability goes down. 100% agree that they should go to 1st time buyers, no leaseholds, no shared ownership, no right to buy. There was an interesting article on the BBC about Wales increasing council tax and caused multiple property owners to sell houses. If I recall correctly, tenants are the ones burdened with council tax, not landlords - Perhaps this should change and we see the property owners paying the council.
The right to buy was ended here in Wales a few years ago and I think it would be a good thing to end it in England too. We desperately need more social housing. I live in a council house, and a lot of the houses on my estate used to be council houses too, but they were bought through right to buy. Some of them are still owner occupied, but many have since been bought by private landlords. This means that there are many tenants living on my estate in properties identical to mine, but they have to pay much higher rent than me, for much less security. This is grossly unfair.
One of the issues with people purchasing their council houses cheaply was although they could afford the initial outlay.When came to the upkeep and maintenance a lot of council homes fell into a bad state of repair.
I have a housing association flat in London, I have the right to buy it but have not, after I have died I want it to go to someone that is in as much desperate need as I was when I granted it on medical grounds. it has enabled me to build a comfortable life for myself, fix my health, study to an MA, and work with others in need. Not everything in life is about owning property, but having a secure stable home is priceless.
Right to buy is a good policy, and was originally proposed by the Labour Party in the 1950s. The problem was the lack of replacement housing, which turned housing into a good investment opportunity.
In an interview with Kay Burley, Rayner was quite clear that she did not plan to end right to buy just change the way it is managed to ensure that there is always available stock of social housing
Wasn't sunak and bravaman doing exactly what he said Rayner is doing, except for immigration. They'd reaped the benefits but used it as a stick to beat others who wanted the same chance of a decent life.
Reduces rents? Mogg is talking absolute nonsense, rents have done nothing but rise and he knows it.
Prices never decrease when demand outstrips supply, you only have to look at Oasis tickets to see that
Yes supply and demand is the reason property prices go up,it's not difficult to understand
This gentleman does not know what he is talking about
Same way he think privatisation lowered utility bills and railway ticket prices.
And he thought brexit would lower shoe prices, the mans a mental pygmy
Who gives a crap what Jacob Rees Mogg thinks,says or does?
It should not, but super rich hedgefund managers are spending over £30 million a year putting him and his misinformation into every home in the UK.
Those who write comedy scripts who are looking for inspiration.
Thatcher was saying many people, Mogg is saying Landlords. Rent Lords predation?
Keep people poor his party know all about that . Take the last 14 years.
Brilliant what a prat this man is he's like Farage when you really look at what they say it's nonsense
Mogg isnt fit to lace Angela's boots!!
HaHa Raynor is bone headed stupid
not fit to clean them either
women!! wearing boots!!! not in his century
He probably doesn't know how. He would have to ask nanny to do it
My heart swells with joy 😂 when Moggy gets riled up
Got £6 mil in housing aid for his mansion.
I’m entirely for purposely doing things that cause Tories to have shit fits that make them pass out and require hospitalization so they can experience the NHS wait times and lack of specialists they wrought.
@@entropybentwhistle we should be best friends 🙌🏼
@@pete_lind let’s agree to claw that funding back with interest at 2000%.
The Scottish government stopped the right to buy years ago and we now have a great stock of new social housing and it's getting bigger every day. The social housing standards are very high too, compared to private.
I moved to Scotland about 2 weeks ago and it is so much better than England
We stopped it in Wales as well.
Well done SNP!!
Welcome to our great country.@@melissareohorn7436
Alot of the new housing stock in Scotland does get sold off in shared ownership schemes. Although the housing association retains 5% it's still annoying to see newly built social housing in Scotland being sold off 5 years later
Seriously?. Mogg is a snake.
For sure !
Harsh on snakes
The right to buy ended affordable housing.
“We haven’t built enough homes”. So why didn’t you do something about it when you were in government Moggy? Though the irony of pulling up the ladder is lost on him when he was part of a Government that had ministers in it who did the same.
Right to buy was flawed.
Which is why the Scottish Government ended Right to Buy in 2015.
Many of the richest private landlards were even bailed out after the 2008 crash.
WHY?!
Well come on it would have been a good idea if that woman had built some more council houses!!
More than flawed, it was plainly WRONG.
Ian gow, the minister under thatcher who was housing minister at the time had a son who bought ex council right to buy properties at knockdown prices and became a landlord making a fortune.
It was just asset stripping for tories and their pals to make money, reduce the housing stock and drive up property prices so they could cash in.
We were told by the rich and super rich that privatisation of water was a good idea. How did that work out? We were told by the rich and super rich that BREXIT was a good idea. How did that work out? We were told by the rich and super rich that their method of getting PPE was a good idea. How did that work out??????????
And don't forget the absolute triumph that is the privatisation of gas & electricity supply and the trains.
Never forgive, never forget.
Since when did Mogue care a damn about the poor?
He doesn't. Right-to-buy benefits rich investors, and rich people, those he does care about very deeply indeed.
Since the cow jumped over the moon
Indeed, he has absolutely no idea
Angela is a brilliant MP ❤
Way better than Mogg ever will be
@@g.pmoore4293 Mogg ain't even one anymore 😊
Fantastic to see GBN and Mogg so riled. It must be a good policy! Go for it Angela!
Good point. If he's attacking this, it must be a good idea.
Council housing is a necessity and people being able to buy then sell them off defeats the entire point of them.
If you want poor people to afford to buy their own home, build those separately and prioritise sales to first time buyers.
Keep council housing as council housing.
Right to buy meant the Councils selling off the council housing stock could only keep 25% of the sale proceeds the money left went to central Tory Thatcher Government ,designed as yet another great Conservative wheez to to take our money to spend on their whims. The result less housing stock available for families that needed it at a moderate rent.
The quicker we get rid of this the better , we need council houses for those who can not afford to buy and get ripped off with high rents from mainly Tory voters
Absolutely spot on. I worked for a builder and witnessed a speculator coming in and buying 10 and straight away the builder pushed up the price as he felt he was selling too cheap. Pension funds would speculate too and by the end of year two ..... prices would have jumped 50%.
How are young people to have any hope. The answer is to only allow anybody to buy one house... sounds harsh but it is for the common good. When renters reach pension age, rents will continue upwards but their means to pay will have diminished. The state will have to supplement their rents. I have seen areas where holiday homes were being bought up and preventing locals any opportunity of buying locally and thus having ghost towns out of season.
If I recall Angela said on Sky, the right to buy scheme needed updating, not ending?????
Mr Mogg, can we please discuss the hoovering up of property in places like Cornwall and other desirable locations by wealthy (Tory?) buyers as holiday homes? Holiday home ownership makes it just about impossible for local buyers to own their own home.
Austria has a law requiring two new trees planting for every one cut down.
Councils should be obliged to build two new affordable homes for every one they sell under the right to buy.
Charles Dickens would have had intense enjoyment in creating a character like Mogg, then torn him to pieces with ridicule, scorn and savage satire.
perhaps he did.... but mogg escaped the lab and travelled into the future
He would certainly recognise his wardrobe choices. I'm sure he based some of his characters on Moggies relatives.
Wouldn’t the problem be private landlords buying the properties, not the ‘right to buy’ scheme?
Watch again - a key problem is that councils were not permitted to build to replenish social housing. That was a central and integral popint of "right to buy".
‘right to buy’ scheme was Thatchers Way of Tying Workers to Debt for Decades to Control the unions
No, without the Right To Buy scheme, the houses wouldn't be on the market for private landlords to buy. The problem with the right to buy is twofold, housing is removed from the public sector with councils prevented from building new homes with the proceeds and as the homes were sold at a discount buyers were incentivised to resell at market prices and make a profit at public expense. If when sold the buyers were required to sell them back to the council for the buying price there might be some basis for the buyers to hold on to them so their children could benefit but that isn't what happened. Buyers held on to the ex-council homes until market prices increased and then they sold and took a profit.
@@bestbehave so they can’t amend the scheme to use the money from the purchase to fund more housing?
@@MrDeadhead1952 wasn’t the 40% of the buyers tho? I.e 60% didn’t do that. They could add restrictions or amend the scheme, doesn’t require they scrap the whole thing
As Reggs-Mogg is no longer an MP, surely he should keep his mouth shut and disappear
JR-M must be one of the most irrelevant men in the U.K.
I wish he would just eff off to his mansion and count his and basically STFU and not hear his plummy voice again.
Funny thing is, nobody is fighting for the right for tenants to buy from their private or commercial land lords.
and especially not fighting for tenants to have the right to buy at a discount 🤔
I used to work for Rochdale Council, the town centre has be massively re-developed in the past few years, the development has included building apartment blocks, the entire blocks have been bought by one developer to rent out, so much for owning your own home!
Thatcher made Councils sell off council houses cheap because research showed people who owned their own property were more likely to vote Conservative. You had the situation where "Lady" Porter sold off property to increase the chance that that constituency would then vote Tory rather than Labour, she did not sell off council houses where there was no chance of Labour losing. Thatcher stopped councils from building new council houses to replace the ones sold off, hence we now have a problem with affordable property for rent as private property landlords keep the prices of housing high and the rents high, stopping first time buyers entering the market and forcing them to pay sky high rent. Virtually all of Thatcher's policies were short term and we now face the consequences.
No more landlords like you!!
Amazing what 50 years of no torys can do, go Scotland!
90% of right to buy council houses have eventually ended up in the hands of private landlords charging double if not treble the local authority rates for rent !
Which was the entire point and why the funds raised from sale of council property were not put back into building more - it was about removing social housing and pushing future working class into private renting or 'housing' associations because they didn't want to 'fund' social housing for the workforce
and if the tenant cannot afford the rent . due to being on benefit? housing benefit-
Anything that upsets the haunted pencil works for me! ❤
But they didn’t replace houses once they were bought which meant there’s been a shortage of council houses and he’s spouting rubbish about affordable housing etc as people can’t afford it or even rent in most cases
There is much that Mogg doesnt understand!
And most crucial of all he does not understand the extent of his own ignorance. Being ignorant can be excusable. None of us know everything about everything. But to pretend you know about everything and say smug falsehoods about every political topic under the sun is appalling.
There is much that Mogg pretends not to understand.
He is a knob - end of!
The original idea to sell off council properties was Labours but with profits going back to build more council homes,It was hijacked by Thatcher but the profits were swallowed up by her cronies .Mogg is an irrelevance
No everyone was NOT happy about the right to buy. It was widely opposed from the outset, including by me.
What kind of weirdo looks at a framed picture of Thatcher everday
You know the exact type of weirdo.. 🍆 😂😂😂
My former neighbour was so obsessed by Thatcher she had a professional photo taken of her and her family taken while holding a picture of Thatcher.🤮
It is all part of Mr Smogg's on-screen persona and he is laughing all the way back to his offshore banks.
Absolutely, those homes should only go to first time buyers or the tenants living in it. Only. I am surprised rich businesses were allowed to purchase them.
Great video. What Mogg failed to say is many people who bought homes under Thatcher got shafted due to the very poor condition of some of the properties, especially flats. I remember people lost fortunes in that era as there was the Lawson housing crash too, another Tory disaster!
Bang on the money Max ❤
lol he admitted they haven't built enough houses as if his party wasn't in power for 14 years, he really believes people are stupid
Love Angela Rayner ❤
Old labour would be an improvement.
The buying up of assets is by speculators is now the norm
Mogg wanted work houses back !!!! He is so disgusting a Victorian pencil
Τhe torys prevented councils from using the revenues to replace their housing stocks.
Corporations should be banned from buying houses.
It's a huge problem in the US. Investment companies buy up everything and hold it. I just saw some new "affordable" houses...starting at $500,000.
@@garryferrington811 It really should be illegal.
As Mogg suggested, social housing encourages Labour voters, that is why the Tories put an end to new social housing construction. Corporations in the USA are looking to buy up the entire housing stock in towns and renting them out, another path to uninterrupted income generation, and meanwhile politicians just wring their hands.
Private equity et al starting to buy up uk houses,
Spot on!
Wonder how many houses JRM owns 🙄 Plus, selling council houses was originally a Labour idea that Thatcher used.
My dad bought his council house under a Labour government when they were still building new council houses.
Yes, the original plan, developed by advisors to Callaghan who wanted fresh thinking, especially with the problems of inflation then, affecting councils budgets, housing stock needing replacement.
So the plan was to allow councils (if they wanted to) to sell some and use the proceeds to allow the replacement with new council homes.
But the Labour left would never wear it, back then they had a bigger policy influence, some you could ignore, their stance on defence in the Cold War for example and foreign policy but something like this, well you can imagine what a young, bearded councilor in Haringay North London called Jeremy would have thought of it.
Not to mention the minister who always complained but wouldn’t resign, Benn.
So a policy that would be popular but also useful was denied to the party for their manifesto, the Tories however…….
But of course they away the part of letting councils use the profits from sales to build more council homes, for them it was ideological and part of Thatcher’s war on local authorities.
Unlike the privately educated Tony and Jeremy (and much of their wing of the party), Rayner likely has some ideas about this having come from poverty herself.
@@grahambuckerfield4640 Rayner's dutiful adherence to the neo-liberal diktats of the IKEA Stalin does not allow her enough time to come up with any original ideas.
@@terrapyn99"the IKEA Stalin" eh? Coming from a rabid supporter of the pound shop Goebbels.......😂
@@iandennis7836 Whatever makes you think that I support multi-millionaire Führage?
Put Mogg on the same boat as Farage...
I thought the right to buy was to reduce the maintenance costs and liabilities on local councils.making the new owners responsible for their houses.
What JRM do not understand in 1979 the Labour Party in their manifesto also included The Right To Buy - it was not as expansive then the Conservatives but it was in their documents.
In 1982 under Michael Foot with their more hardline left tack, they had somewhat stepped back from The Right To Buy
Keep up the Great Work Max ❤
The right to buy scheme was originally proposed in the Labour manifesto in 1959!
this is why the uk has a housing crisis. social housing sold off and not replaced??
Is he seriously accusing others of pulling the ladder up? Wasn't that the whole point of the Tories 14 years?
Governments didn't bother to replace the housing stock lost since Thatcher brought Right To Buy in and rent and house prices have steadily increased ever since. Labour are going to try and build us out of the rut with a proposed 1.5 million new homes in 5 years. As someone that has been a social housing tenant for 20 years rents and service charges have more than doubled. My neighbours are all key workers, carers, trainee doctors, NHS workers we're all under threat of eviction due to the building no longer being fit for purpose, we've been told than they have no legal obligation to rehouse us and to inform the council we're about to be made homeless. The council don't have housing stock either and that's exactly why the RTB scheme needs to be ended.
Were people aware that the Police staff had their mortgages paid by taxpayers whilst in post, I was shocked when I learnt this whilst serving at Hampshire constabulary.
Which party promised to build more homes for the last 14 years but didn't. It wasn't Labour.
The problem here is the extent to which any relevant policy skates too close to both right wing and general societal ideas of radical socialism or even outright communism. The political dialogue will always muddy the economic and social dialogues. The reason is because the logical solution is, as you imply, to exclude the free market from public housing development and subsequent management altogether. Public funds are used to create the new housing stock that was ultimately taken out of the market by Iron Mag's policy. This housing stock is vested in local councils as per the early welfare state days and beyond. Right to buy can still exist, provided that the destination of the housing stock and the sale proceeds is exactly the opposite of Thatcher's policy. The stock must be ring-fenced within the target sector - no sales to the open market, only onto individual purchasers as residences. What they then do is up to them but the important thing is that the original funds used for the first purchase from the council MUST go straight back into creating replacement stock. Alongside this incremental overall growth of housing stock nationally, additional public investment must be an ongoing priority. It's both an economic generator in its own right and also a long term market leveller in terms of general housing scarcity and overpricing...
So Moggie hasn't understood that the affordable housing situation for people to even rent is because of his "beloved" maggie's policies. Our first PM who had private unrecorded meetings with Oil companies...... Now i wonder why we have so many oil and gas powered power stations and no development in nuclear or green energy from that period.
Ahh... . The ex Minister for Brexit opportunities and government efficiency, the man that told everyone we'd have cheaper shoes , and his impersonation of Caraticus Potts at the end.
there are hardly any council houses left - the key builder of housing, local authorites, were prevented fron building - and they couldn't have afforded to anyway, as they were only able to sell for 3/4 marekt value.
3:27
Part of the laws past on The Right To BUY...
The councils only got 50% of the money back from the sales of homes...
That money had to be used to pay off all debts first...
Any excess money could never be spent (it was part of the Right To Buy laws) - it even went to the high court in the 1980s becuse councils fought to be able to spend this money but the ruling was they could only spend the interest or the profits made from the investment of the capital.
Also included in these laws was one restricting coucils being able to build any more council housing.
Ending the right to buy exactly what? I thought they'd sold them all years ago without replacing the stock!!!!
What Rayner should do is change the discount available (approaching 0%), and to require that the sale of council houses fund building of new social housing with planning permission bypassing local appeal procedures.
Also, there should be extra high tax rates for a home not lived in by the owner - with extremely high tax rates for business-owned property.
"... what is great about Conservatism..."
Well JRM never looked into the disasterous consequences for normal people of that "Great Conservatism" over the last 14 years.
BTW : selling Counsil housing means less rental housing will be available..
That was a bribe of the highest order.
Thatcher wouldn't allow councils to use the money to build new social housing. Private landlords have massively increased rents, making it impossible for their tenants to save for a deposit to buy their own homes. This is why there is a housing shortage in the country.
........Posh voice........Must obey........Posh voice........Must obey. 😵
Awe it’s just been announced that the haunted pencils company “ Somerset Asset Management “ has gone into liquidation ! What a crying shame !
He just doesn't know, does he?
Yikes the phantom of the Milk Snatcher and the Victorian ghoul Mogg in one video!!
Spot on! Suspect Mogg would be choking up blood if someone suggested a right to buy in the private sector.
My cousin is a carer and has saved for 7 years for a decent deposit to buy her council home. I get where Angela Rayner is coming from as the houses either side of her are now owned by private landlords, but on her carers wage buying her council house is the only way she will own a home. A solution needs to be found but yet again it seems like those with the least are expected to make the sacrifices
Right to buy, said to be selling of council houses that funded the building of new houses, and none were built, and the funds acquired from selling them went missing, wonder if the coal-fired tory from the 18th century could answer where his predecessors put the money, after all, it could be considered as theft, which the tories are well-known for doing...
I wonder if Jacob Rees-Mogg has ever been to a council estate. He likes to give the impression that he has not. If you walk round a council estate you discover that those owned by private landlords cost more to rent than those that are for council tenants.
I understand from reports on the radio this morning that the sale of council houses was originally a Labour Idea in the 70's - and that Rayner's proposal is is not to end the right to buy but to restrict it to long sitting tenants, thus reducing/eliminating the chances of property speculators from taking advantage from short-term occupancy rights.
I hope she does end it. It was a terrible policy which has led us to where we are today - up sh!t creek
AT least he is only on GibberNews, so easy to avoid.
"normal" market forces apply to very very few things.
Surely if there are more houses now, rents would be cheaper than they were - say 5-10 years ago. Rent prices and profits go up, while tenant rights and affordability goes down. 100% agree that they should go to 1st time buyers, no leaseholds, no shared ownership, no right to buy. There was an interesting article on the BBC about Wales increasing council tax and caused multiple property owners to sell houses. If I recall correctly, tenants are the ones burdened with council tax, not landlords - Perhaps this should change and we see the property owners paying the council.
The right to buy was ended here in Wales a few years ago and I think it would be a good thing to end it in England too. We desperately need more social housing. I live in a council house, and a lot of the houses on my estate used to be council houses too, but they were bought through right to buy. Some of them are still owner occupied, but many have since been bought by private landlords. This means that there are many tenants living on my estate in properties identical to mine, but they have to pay much higher rent than me, for much less security. This is grossly unfair.
The privatisation of the social housing stick has been an unmitigated disaster.
That voice ,on and on ,same old ,just go away 😮
So disappointing that he and his like are still in the public eye, getting air-play and even still appearing on this channel.
Drop him, Max!
So he mentions not having enough housing supply. Why after 14 years why did you not deal with forcing the housing industry to BUILD MORE HOUSES.
One of the issues with people purchasing their council houses cheaply was although they could afford the initial outlay.When came to the upkeep and maintenance a lot of council homes fell into a bad state of repair.
This man should be in prison for treason.
Sorry what government didn't build enough new homes Jakob?
His fathers name was originally Jakob Moggstein. 😆
Private landlords are the absolute worst, but he, of course, would have NO IDEA !!!
Please don't let Mogg on for such a long time. I was forced to stop at 2.55.
I have a housing association flat in London, I have the right to buy it but have not, after I have died I want it to go to someone that is in as much desperate need as I was when I granted it on medical grounds. it has enabled me to build a comfortable life for myself, fix my health, study to an MA, and work with others in need. Not everything in life is about owning property, but having a secure stable home is priceless.
His anger and frustration makes me smile...
Why does mogg get so much airtime ,he is not even yesterday's man.
He also said "quelle horreur", something which 99% of his viewers will think is the name of the private landlord.
Now we have a shortage of council housing and those who did buy their council houses are being obliged to sell their houses to pay for old age care.
Lord Snooty is still talking a load of bull💩
Right to buy is a good policy, and was originally proposed by the Labour Party in the 1950s. The problem was the lack of replacement housing, which turned housing into a good investment opportunity.
In an interview with Kay Burley, Rayner was quite clear that she did not plan to end right to buy just change the way it is managed to ensure that there is always available stock of social housing
Wasn't sunak and bravaman doing exactly what he said Rayner is doing, except for immigration. They'd reaped the benefits but used it as a stick to beat others who wanted the same chance of a decent life.