Affordable living Alternatives to the traditional homeownership model

In the late 1860s Liverpool Corporation developed the first purpose built council housing in the country.11 In the 1890 the Housing of the Working Classes Act gave local London councils the power to build housing, before it was extended to other councils.12 It really took off in the aftermath of the First World War.13 Spurred by concerns about overcrowding, poor conditions and the need to provide. [...] This certainty of funding for social housing allows for long term planning of what social housing to build and when.69 The sustained capital investment in social housing in Austria has kept a constant quality supply of social housing stock, something which seems to have had positive knock on effects to the rest of the housing market. [...] Austria also spends a much lower portion of GDP on housing benefit compared to the UK (0.09% in 2019).70 A revolving fund boosts the potential to provide further social housing Social housing in the UK is often seen as a cost to government with little return.71 This is despite the fact that investing in social housing development is beneficial to the government.72 If retained and maintained, socia. [...] At the same time, acknowledging the role of social housing in helping more vulnerable people, the majority of developments are for those with greater housing need, with a set proportion reserved for the poorest.145 The Netherlands operates a similar system, which requires at least 85-92.5% of social housing units to go to households in the target group, and below a particular income threshold. [...] In an interview with SMF, one of the founders of the project cited the importance of a strong partnership with a housing association (RP) to get the project off the ground, especially when it came to acquiring the land.