Policy Exchange, a right-wing think-tank, is calling on councils and housing associations to sell off their most valuable housing stock. Policy Exchange has a variable record. It was an advocate of the government’s austerity programme, predicting in August 2010 that ‘if the Coalition stays the course on cutting spending’, then ‘growth through most of 2011’ should be the ‘strongest seen in the UK since the late 1980s’. It also made the odd prediction in 2010 that a stagnant housing market would lead to a fall in council housing waiting lists, which have since reached their highest levels for many years.

