The Right to Buy for council tenants has now been in operation for 14
years. In that time around 1.5m public-sector dwellings in England hav
e transferred to the owner-occupied sector. Most discussion of this pr
ocess has focused on the impact on the public sector. This paper exami
nes the contribution of council house sales to the recent growth of ho
me ownership and price relationships between former council homes and
other dwellings in the market. The paper draws on a major national stu
dy of the resale of former council homes which included a survey of ov
er 3000 dwellings which had been resold by the original sitting tenant
purchasers.