Call it Thatcher’s timebomb: the great council housing selloff of 2024, a crisis hidden in plain sight | Aditya Chakrabortty

Call it Thatcher’s timebomb: the great council housing selloff of 2024, a crisis hidden in plain sight | Aditya Chakrabortty
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Call it Thatcher’s timebomb: the great council housing selloff of 2024, a crisis hidden in plain sight | Aditya Chakrabortty
Author: Aditya Chakrabortty
Published: Feb, 13 2025 08:00

Summary at a Glance

November’s flood of applications means Lewisham is dealing with more bids this financial year than it received in the previous four years put together, while Hackney is managing the equivalent of more than three years’ worth of would-be buyers.

With months still left of this financial year, London authorities have together already received 3.5 times the RTB applications they got last year.

Islington got 922 RTB applications in November alone, where it would normally expect closer to 200 over an entire year.

For those who can’t wait, there’s Thatcher: the news story, as the British media celebrates 50 years this week since she was crowned Tory leader.

Radio 4 offers Margaret Thatcher: the play, while soon you can enjoy Thatcher: the opera.

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