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Housing policy transformedThe right to buy and the desire to own$
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Peter King

Print publication date: 2010

Print ISBN-13: 9781847422132

Published to Policy Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781847422132.001.0001

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What is wrong with it?

What is wrong with it?

Chapter:
(p.85) Five What is wrong with it?
Source:
Housing policy transformed
Author(s):

Peter King

Publisher:
Policy Press
DOI:10.1332/policypress/9781847422132.003.0005

This chapter deals with a variety of criticisms of the RTB and tries to answer them. It looks at what might be called the old criticisms of the RTB, even those that date back to the 1980s. This is followed by a section on the notions of property ownership as a false consciousness. The financial issues surrounding the RTB are also examined, along with the concept of ‘friendly fire’. This is criticism that views the RTB as a form of social engineering, or any form of subsidy to owner occupation as a skewing of market mechanisms. The chapter ends with a section on the new criticisms of the RTB that were brought about by the collapse of the housing market in 2008.

Keywords:   criticisms of RTB, property ownership, false consciousness, financial issues, friendly fire, social engineering, market mechanisms, owner occupation, housing market

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