4.6 • 5.7K Ratings
🗓️ 18 July 2022
⏱️ 33 minutes
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0:00.0 | This is the Guardian. |
0:11.8 | Today, the dream of owning your own home |
0:15.6 | and the reality of the housing crisis. |
0:18.6 | The Guardian |
0:25.6 | The Guardian |
0:28.6 | In the late 70s, Helen and her husband were at college in Leicester. |
0:33.6 | They were getting by on student loans and they had a baby to look after too. |
0:37.6 | So when they were offered a council house with cheap rent, they grasped the chance. |
0:43.6 | How much rent had you been paying? |
0:45.6 | 6 pound a week I think it was. |
0:50.6 | Which was brilliant. |
0:51.6 | Having that house given to us at that stage meant that we could both continue at college. |
0:58.6 | In 1980, a few years after they moved in, |
1:02.6 | the Prime Minister Margaret Thatcher announced a new housing scheme called Right to Buy. |
1:07.6 | This policy would allow people who lived in council houses like Helen to buy their homes at a discount. |
1:14.6 | I can remember it being a big new thing and great opportunities for people who wouldn't normally be able to get on to the property ladder. |
1:22.6 | And this idea of owning your own home was promoted as the be all an end all really. |
1:29.6 | This was one of Thatcher's flagship policies. |
1:32.6 | She said she dreamed of a property owning democracy where everybody would be able to own their own homes if they worked hard enough. |
1:40.6 | So we took it up and bought the property. |
1:44.6 | And we then went on to sell it in about 84. |
1:49.6 | So we only owned it for probably three years before we sold it on because our circumstances were improving. |
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