article_snippet.sent: However the value of the housing stock has raised questions over whether the value of the housing stock should be sold to fund more housing.
article_snippet.sent: National Housing Federation director Ruth Davison said: 'Halfway through a programme of austerity and in the grips of a housing crisis, if you had £20 billion of taxpayers' money, would you just give you had £20 billion of taxpayers' money away as a gift to some of the most securely housed people in the country on some of the lowest rents?'
article_snippet.sent: How will this be paid for?
article_snippet.sent: The Tories say The Tories will make councils sell off expensive properties when councils become vacant.
article_snippet.sent: Council homes that rank in the most costly third of all properties of that type in their area will be sold off.
article_snippet.sent: The sell-off could net £4.5billion a year.
article_snippet.sent: What about the proceeds?
article_snippet.sent: What about the proceeds will be split, with a proportion used to replace on a 'one-to-one' basis Council homes that rank in the most costly third of all properties of that type in their area sold off.
article_snippet.sent: The rest would go to create a £1billion fund, enabling councils to bid for cash to develop brownfield land for housing.