User:Shriya175/Council house

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From 1970s and onwards
'''From the late 1970s, the wider takeover of free market economics propagated by Margaret Thatcher’s conservative government sought to reduce the role of the state and the housing sector was further opened for private investors and actors. Deregulation of the mortgage finance sector in the 1980s was particularly significant, with the 1988 Housing Act introducing private competition into the sector. The Housing Act 1988 marked the onset of various policies resulting in the residualisation of the public housing. Residualisation refers to the shrinking of the social housing stock, consisting mostly of deteriorated quality dwellings, and the growing concentration of disadvantaged minorities in such housing. As the residual housing sector is mostly concentrated in lower-income neighbourhoods, a ‘neighbourhood effect’ manifests, reinforcing the idea of poverty as a problem of the place which has allowed market ideologies to advocate against decommodified housing provision.'''

Criticisms **add before See also**
'''Beginning in the 1970s with Thatcherism, the housing sector witnessed public expenditure cutbacks, along with cutbacks in other public sectors like health and education, yet more extreme than those. This retrenchment from public housing was justified by a preference for a private housing market, or for commodification over public goods, and by the popularity of the critical description of council houses as a ‘sink estate’. "Sink estates" were criticized as “cut off from society’s mainstream” with “self-inflicted poverty stemming from…the dead weight of low expectations.” In the immediate years of the post-war era, the role of the state in the sector existed as providers of public housing aimed at a broad range of households. This changed starting from the 1970s, with social housing entering the mainstream. Social housing emphasizes the ‘safety net’ characteristic in that it is only for those whose needs are not met in the market. The transformation of the sector from a public housing as serving a wide range of households with different incomes to a stigmatised social housing model is a direct result of government policies and their portrayal of council houses. '''