Transfer To Housing Association Ownership
The position changed dramatically in 2003 when the flats were transferred, after a ballot, to a housing association en masse in the shape of the Glasgow Housing Association Ltd. The practice of transferring housing stock from public to private ownership had initially been launched in the 1970s as a flagship policy promoted by the Conservative Party. At that time, the recipients were individual tenants who opted to buy their homes, or long-term leases thereon. Twenty years later the policy was enthusiastically backed in a more wide-ranging and collectivist form by Glasgow's Labour Party council, which transferred its entire housing stock to a single company set up for the purpose. This change amounted to the largest transfer of public-sector housing stock that had ever taken place in western Europe. Local authority publicists promised tenants that following transfer the carrying out of necessary repairs would be expedited.
Read more about this topic: Red Road (flats)
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