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How the MoD's plan to privatise military housing ended in disaster In 1996, the Ministry of Defence decided to sell off its housing stock. The financier Guy Hands bought it up in a deal that would make his investors billions - and have catastrophic consequences for both the military and the taxpayer In the village of St Eval, a former RAF base in Cornwall, the streets are named after aeroplanes. There is a Lancaster Crescent, a Lincoln Row, a Botha Road. The former officers' houses are grand and generous, looking out over the village green. Other houses look we...
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