Oh come on: a truly feeble line of argument.

Home ownership increased under Thatcher only through her corrupt "right-to-
buy" policy. Once the residents had bought the property - at a huge discount,
thus defrauding the previous owners - the Government jacked up interest
rates and the U. K saw something that had never previously happened:
homes being re-possessed in large numbers. So much for Thatcher's belief in
people owning their own homes.

Under Thatcher, and continuing under Major and Blair, house building declined
while the population increased. Within that suicidal framework, it is true that
the percentage of homes in private ownership increased and the percentage
in public ownership declined. As many of us predicted - not because we were
clever but merely because we were not stupid - this inevitably lead to a
crisis.

The resulting situation today is that the "buy-to-let" epidemic has in effect
transferred ownership of public housing to private hands: hence a further
"increase" in private home ownership, while in fact reducing the number of
houses available to purchase. This problem is then compounded by banks
preferring to give mortgages to "buy-to-let" prospective buyers than to people
who want to somewhere to live. This of course is in marked contrast to the
attitudes of building societies before Thatcher killed them off.

The end result of Thatcher's "right-to-buy" policy, "demutualising" building
societies and denying local authorities the right to build new public housing is
the current situation: a massive shortage of housing of all kinds, ever soaring
house prices, totally unsympathetic lenders, a declining construction industry,
over-crowding, falling standards and most young people unable to buy their
own homes and stuck forever on the treadmill of paying rent.