Tuesday, January 08, 2019

Build and Build and Build

Three million new social homes must be built in England over 20 years to solve the "housing crisis. 

The report claims 1.3 million homes are needed to house those in greatest need - including homeless people and those living with a disability.

An extra 1.2 million homes would be made available under the plans, the charity says, for younger families who cannot afford to buy and "face a lifetime in expensive and insecure private renting".

A lack of readily available social housing has led to a "drop in the numbers of young families moving into ownership, the rise of pensioners in insecure unaffordable private rentals, and the homelessness that scars our society", the report found.

Building 3.1 million new social homes would cost an average of £10.7bn a year, according to analysis carried by research group Capital Economics on behalf of Shelter. But Shelter claims the government would save £60bn over 30 years if it can make renting cheaper. The charity said the housing benefit system was being kept unnecessarily expensive because of more people renting privately at higher costs. It said having more social housing would lower rents.

No comments: