That's a different argument though isn't it? I'm not sure many are saying that the scheme is unfair to those who aren't getting any welfare and want to buy a house. The argument is that it's harming the poorest.
I'm afraid much of the UK economy is built upon rising house prices. I mean that's largely the whole point for buying a house isn't it? It just seems a bit peculiar that predominantly left leaning parties seem opposed to the concept of helping those on welfare to get on that gravy train. As I showed with my basic calculation, even if they sold the houses at 70% of market value they'd be able to build a good number of new houses to make up for any existing shortfall.
That may be the case, but again, isn't that a different issue? To use my simple example again. If right to buy doesn't exist, then the 100 existing homes are filled by 100 tenants, with the existing rent covering costs plus perhaps a little bit extra to go towards new builds, of which you may get one or two new homes for those on the waiting list.
If right to buy exists and those 20 people buy their homes, then you have the proceeds of those sales to spend on building around 14 new homes to help house those currently on the waiting list.
It seems to me that in order to build new homes you need 1) capital, and 2) land/planning permission to build. This doesn't help with the latter but surely does with the former?
Surely it's irrelevant what they do with it? Are we going to try and control what folks do with their own legally bought property now? That's akin to saying that not only is someone on welfare not allowed to buy their own home, but they're also strictly forbidden to sell that home again should someone offer more money for it.
I thought we were supposed to be helping the poor here not getting snarky if they do alright for themselves?