That is your belief Gavin - others, including myself, see the loss of 2 Million family homes from the social sector as an extreme detriment to felxible stock management and meeting the needs of families in need of affordable housing. Others, including myself, also recognise the skewing effect on the market such a large volume of discounted purchases had when tenants rushed to cash in on their taxpayer gift, or sold their home to move to the countryside. Others, including myself, witnessed the dispair of those who had bought beyond their ability and were repossesed, turning back to the council for housing. Others, including myself, witnesed those homes being hoovered up by buy-to-let 'investors' at knock down prices, and then let out again at massive rents funded through benefits.
You see, unlike you Gavin, I see the whole picture, not just the little bit that satisfies a need to cleanse the soul of having supported the biggest travesty in diservice to the nation and squandering of assets (even bigger than the great gold reserve sell off).
Your conclusion of zero effect could not therefore be more wrong.