Distributional effects of the Right to Buy Scheme | tutor2u Economics
In the News

Distributional effects of the Right to Buy Scheme

The Right to Buy Scheme was introduced by Mrs.Thatcher in 1980 and was designed to get council house tenants on the housing ladder. I should know: my grandparents bought their house this way.

However, there's an argument that the distributional consequences of the scheme are grossly unfair, and helping exclude young people from the housing market, as older home-owners have been able to snap up the most desirable social housing and make significant profits as a result. This BBC News article provides the context.

Is it time for this scheme to stop? And factor in the effect of quantitative easing on asset prices - including house prices - and you can see how it is so difficult to get on the housing ladder.

Subscribe to email updates from the tutor2u Economics

Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.

You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.

Teaching Vacancies


Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u

A New Home for tutor2u Resources

We've just flicked the switch on moving all our digital resources to instant digital download - via our new subject stores.

For every subject you can now access each digital resource as soon as it is ordered. This will always be the latest edition of each resource too (and we'll update you automatically if there is an upgraded version to use).

Simply add the required resources to your cart, checkout using the usual options and your resources will be available to access immediately via your mytutor2u account.