Friday, April 10, 2015

"The overwhelming case for new public housing"

Check out new report by John Healey and John Perry at Red Brick

Makes perfect sense to me.

"At its core, the crisis is a simple calculation: we need to build 250,000 homes a year yet 2012-13 saw just 108,000 new homes completed, the lowest since the 1920s, rallying to a not much better 119,000 in 2013-14. 

Rather less than half what is needed. Healey and Perry emphasise that a bigger contribution is required from everybody - commercial housebuilders, housing associations and councils – but that “Above all, strong leadership and smart action from government is imperative....

Recent modelling by John Healey shows that working up to building 100,000 new social rented homes a year by the end of the next parliament would not only pay for itself in less than 30 years but provide a net benefit to the public purse of £12bn through lower housing benefit cost."

(Picture from Homes for Britain Rally last month)

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