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Housing: an alternative vision. Andy Hull Senior Research Fellow. Housing policy under the Coalition. Cuts to capital spend Cuts to housing benefit Changes to social housing rent and tenure Localism. Housing politics. Need a story on housing that speaks to the whole population
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Housing: an alternative vision Andy Hull Senior Research Fellow
Housing policy under the Coalition • Cuts to capital spend • Cuts to housing benefit • Changes to social housing rent and tenure • Localism
Housing politics • Need a story on housing that speaks to the whole population • There is a housing crisis in the UK • Housing policy needs a purpose • Housing policy does not stand alone
Housing demand • 4 million additional households in England by 2025 • England faces a shortfall of 750,000 homes by then • Worst mismatches between demand and supply are in the Greater South East and North West • Particular pressure on social housing
Housing supply • Need to build 250,000 new homes each year • Major barrier is finance • Land is important • Planning also has a part to play
Housing use • Use existing stock more effectively • Be clear what social housing is for
Housing management • PRS needs to offer a better alternative • Housing Associations are at a crossroads • Need a better offer for an ageing population • Make room for the Big Society • Community matters
Housing and the economy A stable economy is better for everyone Volatility in the housing market contributes to instability in the economy as a whole We need to prevent housing bubbles This means pulling multiple policy levers
Andy Hull Senior Research Fellow a.hull@ippr.org www.ippr.org