Sir Robin talks Red Doors

5 Nov

On Monday Sir Robin Wales appeared on Radio 4’s You and Yours, talking about Red Doors Ventures.

It was a lot of what we’ve heard before, but one new piece of information emerged: residents who like their Red Doors home so much they want to keep it will be allowed to buy. Indeed, Sir Robin will encourage them to buy. There won’t be any ‘Right to buy’ style discounts, they won’t be allowed to rent them out and, when they move, they’ll have to sell the house back to the council. I’m not sure how that’s enforceable. And I’m not sure Sir Robin has really thought it through: it looks like a sure-fire bet for the resident, who is guaranteed to make a tidy profit at the councils expense.

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