I bought a flat here at the start of the year. If councils cant afford to build and maintain new social housing anymore, then perhaps they can give away the land to Community Land Trusts like the one i benefited from.
Worth noting though it wouldnt be a replacement for council housing, these homes do require a 10% deposit, and means to pay the mortgage, therefore be in full time employment. Its more filling the gap for working people who can no longer afford their own home in London due to prices.
After years of campaigning, 11 homes have been built as London’s first community land trust – protected in value from the volatile property market. We meet the people who made it happen
www.theguardian.com