The UK Housing Review briefing's summary of current
government support for affordable and private market housing investment in
England from 2015/16 onwards shows that out of the £45 billion of government
investment dedicated to housing, just £2 billion is being spent on below-market
rented housing, only four per cent of the total. This is largely because money
previously directed toward housing for rent is now going towards low-cost homeownership
initiatives, such as shared ownership and starter homes, where over £6 billion
is now to be invested. This means that 80 per cent of government commitments -
a further £36 billion – is now going to wider initiatives to support the
private market, especially via help to buy. Read more on the Housingnet
website.
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