The Lib Dems were leading Southwark Council 2002-2010. Recently officers have been saying that we had a headline figure of 7,800 net properties removed from council ownership. This is shocking until you find out how they’ve composed those numbers.
5,363 Right To Buy – which was as a result of the then Labour Govt.
2,753 recorded as demolished but 1,100 were Heygate decants where the property hadn’t been demolished but is now being demolished under labour.
915 were built and bought, 134 Amos estate, 293 sold during the 8 years as beyond the economic repair by a council.
Taking all this into account we get a grand total of net 296 homes sold or demolished when the council was Lib Dem led or 37 a year.
It is selling and demolishing more. Partly because the government is making Right To Buy more attractive and partly because they’ve changed policies to lower the threshold at which they sell properties as uneconomic.