Tuesday, 22 October 2013

Make Half a Million Social Homes into Co-Operatives

A new report by Birmingham-based thinktank the Human City Institute proposes to extend mutualism across the housing sector, through the creation of more co-operatives in existing social housing stock and community land trusts. The report found co-operative housing has higher levels of housing management performance and tenant satisfaction, and is more effective in building social capital and creating stronger communities. Co-operative housing accounts for between 5%-15% of housing in Europe, but in the UK this figure is only 1%. The report recommends bringing the UK's figure more in line with Europe through the mutualisation of at least 500,000 social homes. Download the report from the Human City website.

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