I have met many people who reapred the rewards of hard-work and home-ownership.
For example, a family in Camden who bought their house in the mid-80s,
borrowed money on that, started a supermarket, and today are running a thriving
Another family,similarly bought their Council house, borrowed against the value,
and expanded their motor spares business. Expanding further.
Another family, Father bought the house, educated son unlocked the wealth in the
value, and they now own a string of houses, and live well as landlords.
I am sure if you ask around, you will hear similar stories,all genuine and true.
I think it is an excellent idea for the Government to re-introduce the Council Right
to Buy, with a discount. This will empower people who may otherwise have a
big struggle. Only the Government can really help them. It would make a lot
of otherwise disgruntled people feel they are part of the Big Society.