Expensive council homes should be sold, says Policy Exchange think tank

[dipsydoodle]

Councils should sell off their most expensive houses and reinvest the money in building cheaper homes, the Policy Exchange think tank has said.

Selling top homes when they become vacant would raise £4.5bn a year, enough to build 80,000 to 170,000 new social homes, providing building jobs.

It says social tenants deserve a roof over their heads but not one that is better than most people can afford.

The National Housing Federation said it may lead to a form of social cleansing.

http://www.bbc.co.uk/news/uk-politics-19311364