Owning your own home

I don't buy this argument.
It's not like they were empty properties before people bought them. They were all rented long term and were no more available to future tenants than they were after being sold.
Councils back then didn't have the money to maintain the homes they did own, never mind build new ones, so they weren't going to build enough to satisfy demand anyway. Barely any council houses were built after early 1970s.

That's handy, 'cos I'm not selling it. I wonder how much of the money generated from the sale of 2.5million local authority property was ploughed back into social housing?

A tenner?

Except if you are exceptionally lucky.
I bought a one bed flat in Bermondsey about 3 mins walk from the tube nine months before the extension was completed in 1999. Bought it for £63K and sold it for £95K less than a year later. That helped a great deal :)

Exactly - in 1999. That was how long ago? The cash-quick developers have always been around, but after 2000 all the cretins jumped on the bandwagon and thought they could play Rigsby.