Greg Clark has defended the extension of the Right to Buy scheme, which is expected to be included in the Queen’s Speech tomorrow.
Speaking on the BBC’s Today programme, the secretary of state for communities and local government said that housing stock would not be depleted by the scheme.
He said: “Every housing association property that is sold will be replaced one-for-one for a new property, so it is not only allowing people to meet their housing aspiration, but to increase the housing stock as well.”
Local councils will be forced to sell off the most expensive of their properties in order to fund the development of new homes.
Authorities have three years to replace sold properties.
