Analysis of government figures by the CIH shows projected
government investment through to 2020/21 will funnel £32bn into private
programmes and £8bn into programmes for shared ownership and sub-market rent.
The largest investment in private housing is the £12.5bn bill for the Help to
Buy: Equity Loan scheme. Help to Buy ISAs, the Help to Buy guarantee scheme,
and private rented sector guarantees cash make up the remainder of the funding.
This investment is in the form of loans and guaranteed debt, rather than direct
government spending. Its investment in affordable housing comprises mainly
£4.3bn of grant under the Affordable Homes Programme. Read more on Inside
Housing.
Right to buy in reverse: how Brighton is tackling its social housing crisis
| Richard Partington
-
The council is rolling back Thatcher’s flagship policy by buying stock from
private landlords. Others local authorities should take note
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