Rayner Defends Buying Council House Under Right-to-Buy Scheme She Now Criticizes
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Angela Rayner bought her council house in 2007 at a 25% discount under Margaret Thatcher's right-to-buy scheme. She sold it 8 years later for a £48,500 profit.
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Rayner has criticized the high discounts offered under the scheme since 2012, but insists she is "not ashamed" of buying her home at a discounted rate.
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The right-to-buy scheme allows council tenants to buy their home at a discount. Critics argue it has fueled the housing crisis by depleting council housing stock.
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Rayner said Labour believes council tenants should have the opportunity to buy their home, but would review the discounts offered under the scheme.
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She argues the problem was not people buying council homes, but that the sold-off stock was not sufficiently replaced.