Housing minister Lesley Griffiths said these actions would protect Wales’ social housing stock, which has reduced by 45% since 1981.
Three quarters of respondents to the Welsh Government’s consultation, which closed in April, supported the reduction of the maximum sales discount to £8,000, while almost two-thirds (63%) were in favour of ending Right to Buy. Respondents included local authorities, social landlords and tenants.
Griffiths said: “I am pleased key voices in the housing sector, including tenants, participated in the consultation and had their say on this important issue. The consultation on our proposals has brought to the fore some interesting views on Wales’ housing needs and demonstrated people’s support for protecting our social housing stock.
“The decisive action we are taking will go some way towards easing the pressure on our housing supply and protecting our social housing stock. This is in addition to our £400m investment in affordable homes through our Social Housing Grant.”