In a mere four decades, Margaret Thatcher’s flagship initiative, forcing councils to sell off public housing at huge discounts, has seen
two-thirds of British council homes privatised. City halls across the country are now on the
brink of insolvency, in large part due to the enormous cost of having to
provide temporary accommodation without enough council-owned homes left to go round.
It’s not just historic flats from Britain’s postwar housebuilding boom that are being sold. Brand new council houses are also going under the hammer, almost as fast as they are being built. Design blog
Dezeen revealed this month that seven of Norwich’s newest council homes are already in the process of being sold off, fewer than five years after they were completed. Other authorities have also been forced to sell their new council homes, such as Hackney in east London, which
has already lost some of the social housing it built in Stoke Newington in 2018.