Investment in Social Housing Plummets Following Three Decade High

The last two years saw investment in social housing at its highest sustained level in real terms for three decades, with dramatic improvements in the condition of social rented housing across Britain, although this could now be at risk when spending cuts take effect in April 2011. The new UK Housing Review from the Chartered Institute of Housing (CIH) shows that overall gross investment in social housing rose again in 2009/10 so that it is now up by over 80 per cent since the late 1990s, but prospects are now bleak as the sector is facing a collapse in investment as part of the deficit reduction measures. Read more on the CIH website.