Government focus on homes at higher ‘affordable’ rent helps fuel drastic shortage with demand poised to surge
Forty councils in England saw no social rent housing built in five years in the wake of government funding cuts, according to official figures analysed by the Observer.
In 2010 the Conservative-led coalition slashed funding for subsidised housing by 60% and redirected the remaining money away from social rent and towards more expensive “affordable rent” housing.
Government focus on homes at higher ‘affordable’ rent helps fuel drastic shortage with demand poised to surgeForty councils in England saw no social rent housing built in five years in the wake of government funding cuts, according to official figures analysed by the Observer.In 2010 the Conservative-led coalition slashed funding for subsidised housing by 60% and redirected the remaining money away from social rent and towards more expensive “affordable rent” housing. Continue reading…
