LGA: Two-Decade Social Home Build Could Have Saved Renters Billions

Building 100,000 government-funded social rent homes a year over the past two decades would have cut ‘billions’ from the housing benefit bill, new analysis reveals. The Local Government Association (LGA) said its new research ‘provides evidence’ for why the government should use the Spending Review to work with councils to ensure that the genuine renaissance in council housebuilding needed to ‘increase housing supply’, ‘boost affordability’ and ‘reduce homelessness’, is a success. According to reports, the LGA have also said that a boost in social housing over the last twenty years would have provided higher disposable income for tenants and generated ‘significant economic returns’. Read more on the LGA website.

https://www.local.gov.uk/about/news/building-social-housing-over-20-years-could-have-saved-renters-ps18-billion