UK Right to Buy (1980)
Prime Minister Margaret Thatcher's government gave council tenants the right to buy their homes at a discount. Over a million households purchased, raising cash but shrinking social housing stock.
Many tenants became homeowners and the government raised funds.
The loss of social housing contributed to a housing shortage later.
This Detroit program aims to let public housing tenants buy their homes, a similar philosophy but on a smaller scale. The UK experience shows the potential for success but also the risks of reducing affordable housing.
