Housing Voice is an independent affordable housing alliance with cross party political support. For the past year they have carried out a national inquiry, taking evidence up and down the Country.
Over 60 organisations and 3000 individuals have given evidence. Today the report was published. I was there to make a response on behalf of UNISON. This is the press release and full report.
Not everyone agreed with everything in the report but there was more consensus than I expected.
There is lots and lots of good proposals but one of the big ideas is to use £5 billion of the recently announced £50 billion in Quantitative Easing (QE) to buy low interest housing bonds rather than government gilts. This money is then used to invest in affordable housing.
Extra government support and QE can be used to provide that money, build affordable homes and get Britain working again. Get people off the dole and build homes, get them paying taxes and spending money in the economy.
The problem lies with many advisers and fund managers who think its all just "too difficult" and prefer investing in warehouses and retail because that is what they are use to. Unlike the rest of the world where pension schemes actively invest in residential property.
Appropriately the meeting stopped at 11.30 just after the Parliamentary bell rang for prayers. I'm not religious but I did have another bleeding obvious thought.