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Brighton Council Buys Homes to Combat Housing Crisis

by Emma Walker – News Editor

Brighton Council ⁢Reclaims​ Homes in Bid to reverse Decades of Housing Loss

Brighton adn hove City​ Council is actively reversing the ‍effects of Right ⁤to Buy, acquiring properties to ‌bolster its social housing stock and‌ combat a spiraling⁣ crisis in temporary accommodation costs. The move comes as councils nationwide grapple wiht ‍the legacy of large-scale housing privatization and escalating financial strain.

Decades after Margaret Thatcher’s Right to Buy scheme transferred council homes to private ownership, Brighton is attempting to rebuild its social housing⁤ capacity.The‍ policy, which began in the⁣ 1980s,⁤ resulted in ⁢the loss of an estimated 2.5 million social homes across the UK, costing taxpayers almost £200bn ⁤in what critics describe as a massive​ transfer⁢ of public wealth. The resulting decline‍ in council housing stock⁢ has simultaneously‍ increased demand and driven up costs.

The impact is acutely felt in Brighton, where the council anticipates ⁣a ​£3.8m overspend on temporary accommodation this year – funds flowing directly to private landlords. Nationally, spending on housing has ballooned to⁢ over £30bn, ‍with approximately ‍90% allocated to housing benefit.

“It’s all a outcome of Thatcherism, ​plus ​austerity, and not ⁤being able to⁤ turn ‌the tide on it properly,” says council ⁣leader ​Bella Taylor.”Our aim⁣ is to accelerate the increase in stock⁣ of social housing, but also to directly reduce ⁢the extreme costs of ‍booking ​temporary accommodation with private landlords, which is pushing us to bankruptcy.”

Brighton’s acquisition program, currently adding around 100 homes annually, marks the first growth ⁤in the⁣ city’s social ‌housing stock in decades.​ The council is⁣ investing £50m over two‌ years to purchase 200 homes. While acknowledging the slow‍ pace of progress,⁢ taylor emphasizes the need for increased financial‍ support from⁣ a potential Labour government,⁢ which has pledged to ⁤build ⁢1.5m new homes nationally.

Concerns remain that national targets could prioritize ⁤areas with​ lower development⁢ costs,potentially disadvantaging cities​ like Brighton,constrained by​ geographical ‌limitations and high land values situated between‍ the sea and the​ South Downs national park. However, the‍ council’s efforts represent a​ tangible shift, attempting to counteract the long-term consequences of Right to Buy and address the urgent need for affordable housing.

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