Demonstrators supported by a local councillor protest against the sale by auction of three social rent homes at 53 Tollington Rd in Islington.
The Islington Gazette, which published (1) the story, said the block has three flats, and is owned by Clarion Housing Association.
Yet more social homes going under the banner at auction.
Councillor Ward who was at the demonstration was quoted as saying “[Clarion] say things like: ‘All our profits fund genuinely affordable homes,’ but there is no indication of where.”
His preferred option is that “Clarion repair the property and bring it back into use as social housing. If that’s ‘uneconomical’ it could commit to building more social homes in Islington to replace the loss – or even buy more homes in the borough and rent them out at social rates.”
The Chartered Institute of Housing – representing housing professionals – has pointed out that housing associations ‘lost’ 47,869 social rent homes between 2010 and 2018 alone (2) HA bosses continue to plunder social rent homes in order to build out-of-reach ones.
Meanwhile, as Inside Housing pointed out in February, housing associations are stockpiling over 7,000 unsold homes for market sale or shared ownership (3). Housing association bosses have so far refused to turn these empty properties into social rent homes.