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Greg Barradale
gregbarradale.bsky.social
did:plc:kjk7sesj3i56sflj7rxeupdj
In 2014, Hackney Council sold a property under Right to Buy for £95,050
In 2021, they bought it back off the ex-tenant for £365k
In ~6 yrs, the council lost £269,950 on a single property
It's not an isolated example. @bigissue.com has uncovered 100+ 'Yo-yo Homes'
https://www.bigissue.com/news/housing/yo-yo-homes-right-to-buy/
2025-10-13T09:24:55.783Z