30 JUL 2018

Government housing budget should prioritise social rent, says HFi - Inside Housing

"The government's £44bn housing budget should prioritise homes for social rent and first-time buyers as opposed to expanding the private rented sector, the Housing and Finance Institute (HFI) has said.

In a new report published yesterday with housing association Radian, the HFI - which was set up following the Treasury-commissioned House Ephicke Report in 2015 - criticised ministers' strategy of relying increasingly on private landlords to provide housing.

It warned that reduced levels of homeownership and social renting are 'severely damaging family and financial stability', with six million more people living in short-term rented housing than in 2002."

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