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@moth
Selling off social housing stock to individuals is the old way of doing it. The new way is to get in a developer and demolish the entire estate, then rebuild far more intensely with a mix of luxury and 'affordable' homes (but minimal council owned social housing), office space, shopping complexes or whatever the developer thinks will make money. Existing council tenants will be shuffled around and moved from place to place until they give up and either leave the area or go into the private rental market. Leaseholds will be compulsorily purchased at market rate +10%, once the council have run the estate down for a bit.
Hammersmith and Fulham council fell to Tory control relatively recently and they have lined up developers to destroy most of their council estates. The Earls Court / West Kensington & Gibbs Green estate site is next, (http://www.lbhf.gov.uk/Borough_of_Opportunity/122810_DNP_West_Kensington_Earls_Court_and_North_Fulham.asp , http://www.lbhf.gov.uk/Borough_of_Opportunity/122810_DNP_West_Kensington_Earls_Court_and_North_Fulham.asp) where they are planning a mixed shopping/business/housing high-rise development.
Hammersmith and Fulham are said to be Cameron's favourite council and seen by some as a test bed for future Tory policy.