This eighth paper, the final one in the Planning for the Future series, looks at regional differences in the demand for affordable housing and the profile of those who live there.
Substantial differences exist among regions in terms of the demand and pressure placed on a region’s housing supply. Pressures on affordable housing are increasing due to high house prices and rents.
Over three million tenancies were let by local authorities and housing associations in England in the decade to 2006-07. However, the annual volume of lettings slumped by 40% over this period. This sector study dissects the factors contributing to this trend, and investigates the extent to which the outcomes of lettings processes are compounding the residualisation of social housing and the ethnic segregation of neighbourhoods.
This report aims to assist the Housing Corporation and its successor bodies in the development of policy and strategy, with an emphasis on:
1. How future housing investment can maximise its contribution to economic development; and
2. how housing and physical regeneration interventions can be integrated with, and complementary to, economic development strategies.
This In Brief examines the increasing role of housing associations as agents of low cost home ownership (LCHO) and examines some actions that would help to ensure that this expansion of home ownership is sustainable.