Thursday, October 27, 2011
Homelessness could rise
Housing minister Grant Schapps today launched his social housing "swap" scheme. What struck me about that was the obvious questions, isn't there already a swap scheme? There is indeed.
There is an acute housing shortage. In places like Islington there is a huge lack of family sized affordable homes. Private rents are the highest in London. Overcrowding is rife. More housebuilding is needed, yet the Tory government has cut capital finding to build new social homes from £8.4bn to £4.4bn this year.
The average age of first time buyers has now reached 35 because of high prices and a lack of credit from banks.
Fewer homes will get build while a return of right to buy will mean an ever diminishing supply. The problem will only get worse under the Tories. Worsening economics, higher unemployment, will this also mean more homeless people?