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Right to Buy split my estate. Now its days could be numbered (www.bbc.co.uk)
submitted 1 day ago by to c/uk_politics@feddit.uk
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[–] 1 point 6 hours ago (2 children)

Most of the stuff was sold off to the wealthy on the cheap. A little bit was sold off to ordinary people on the cheap.

Selling some to ordinary people made the bulk of the fire sale more palatable.

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  • [–] 1 point 1 hour ago (1 child)

    That doesn't match my understanding. Even if you convince me about the proportion, you'd still need to have some reason to believe that your claimed motivation was the real one, because just selling stuff to rich people and ordinary people doesn't automatically mean the portion sold to ordinary people was done primarily to make the other portion palatable.

    You're just asserting this was the motivation without trying to convince me.

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  • [–] 1 point 16 minutes ago

    I'm not asserting intent, I'm describing effect.

    Regardless of their intent or whether their belief in the philosophy was genuine, the effect of selling some state assets off to regular people was to make the rest of it more palatable to the general population.

    If I had to speculate on intent, I would say their reason was to expand the stock of the private housing market, primarily for the benefit of those who trade at a commercial scale.

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