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Where next for Affordable Rental Housing?

Wednesday 18 December 2019 Data Insight & AnalyticsDemographic DataProperty Development

Paul Langston's picture
By Paul Langston

The nation has voted. 

We have a government with a clear majority.  So, we have certainty about the future of affordable housing – to deliver on its clear manifesto commitments.  Right?

Maybe not.  The Conservative Party manifesto is noticeably vague about how to tackle, what Shelter have described as, a housing crisis. 

The balance between social and private rental is at a tipping point, and there is a clear trend towards greater reliance on the private rental sector.  Whilst the rise of private rental is helping to address a shortfall in accommodation, there is a very real concern that the social sector is shrinking to a level where it cannot address the needs of the country’s most vulnerable people. 

The Labour Party will now lick their wounds and decide where to point the finger of blame.  Whatever the conclusion, we can be sure that we will not be seeing the radical rethink in social housing proposed in their manifesto.

 

 

 

So, what can we expect from the new government? 

Boris Johnson has promised a Social Housing White Paper.  Will this bring radical solutions?  Or will it just push back decision making until he “gets Brexit done”?

If the Prime Minister wants to know the extent of the challenge he faces, and where to focus his efforts, he should download our new report.  The report identifies the groups and areas with the greatest need, by mapping the gap between disposable income and rental costs. 

Some of the results might surprise him.  But the report shows how, with careful targeting, the lives of many of the country’s most vulnerable households could be transformed by investment in truly affordable housing. 

In other words, it answers the question – where next for affordable rental housing?

 

DOWNLOAD OUR NEW REPORT

It is a well-known fact that there is an urgent need for housing across the UK. The emergence of build to rent and an increase in the trend to privately rent has, on the surface, created a short-term solution for the population to have accommodation.

Although the focus is on the provision and development of housing, the disregard for a long-term strategy on the type of tenure provided may have created more of a trap than the ‘safety net’ that was intended.

DOWNLOAD THE REPORT NOW

 

 

 

 

 

 

 

 

 

The balance between social and private rental is at a tipping point, and there is a clear trend towards greater reliance on the private rental sector. Whilst the rise of private rental is helping to address a shortfall in accommodation, there is a very real concern that the social sector is shrinking to a level where it cannot address the needs of the country’s most vulnerable people.

Where next for Affordable Rental Housing?