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That makes me feel better about giving my local farmer 70 quid for a 14lb-er
Trickle down don't work
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One of the biggest privatisations in modern British history is relatively unknown: the mass sale of public land. Since 1979, approximately one-tenth of Britain’s entire territory has been sold off, from council assets to nationally-owned land. By reducing public resources and concentrating ownership, this sell-off has worsened the housing crisis and helped build an economy where wealth is increasingly generated through the ownership of land and the capture of rent.
The scale of privatisation of public land has been matched by the sell-off of public housing. Since the introduction of the Right To Buy scheme in 1980, over two million social homes have been sold, and at a steep discount. More than 40 per cent of homes sold under Right To Buy are now owned by private landlords, typically offering more expensive rent and less secure tenancies. £15bn in local-authority-owned assets sold since 2010 and 20% of the wealth on the 2025 Sunday Times Rich List belonged to people whose listed source of total wealth included land, property or real estate.
Wealth not so much trickling down but flooding up.
The scale of privatisation of public land has been matched by the sell-off of public housing. Since the introduction of the Right To Buy scheme in 1980, over two million social homes have been sold, and at a steep discount. More than 40 per cent of homes sold under Right To Buy are now owned by private landlords, typically offering more expensive rent and less secure tenancies. £15bn in local-authority-owned assets sold since 2010 and 20% of the wealth on the 2025 Sunday Times Rich List belonged to people whose listed source of total wealth included land, property or real estate.
Wealth not so much trickling down but flooding up.
