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The Guardian - UK
The Guardian - UK
Politics
Richard Partington Economics correspondent

Labour faces costs of £50bn to replenish affordable housing after right to buy, report says

A builder works on the roof of a new home.
The government has set targets to build 1.5m homes by the end of the current parliament. Photograph: Rui Vieira/PA

Margaret Thatcher’s right-to-buy scheme has left Britain with the legacy of a social housing shortfall that would cost the government £50bn to return the number of affordable homes back to 2010 levels.

In a report issued as Labour pushes to reform the Conservative policy introduced in the 1980s, the Resolution Foundation said Keir Starmer’s government faced a huge task to replenish the UK’s affordable housing stock.

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