Mark Prisk is a housing minister who spends his time in the
shadows. After arrival in post a little over a year ago, he went to ground,
preferring to conduct business in private meetings. So you could be forgiven
for missing Prisk's latest policy announcement. He said last month the payment
of future social housing government grants to housing associations will be
attached to the conversion of social tenancies to "affordable rent".
Affordable rent, however, is a misnomer. For example, to qualify for a government-funded
"affordable" three-bedroom property within Westminster, in central
London, applicants may need a joint household income of between £90,000 and
£103,000 a year. So under this model, which was introduced at a time of
economic crisis, government subsidy could be used to build homes for
high-income households. Read more of
this opinion piece on the Guardian website.
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