Monday, 23 June 2014

Affordable Rental Housing Can Boost London’s Economy

London can’t afford to lose its social and economic diversity suggests a new report, Housing Policy in High-Density Global Cities, that argues the provision of affordable rental housing in the capital could benefit the city by millions of pounds. The report considers the economic and social challenges that face large global cities such as London and the implications these have for housing policy. The research, by the University of Westminster, sets out a rigorous cost benefit analysis which shows that there is a net benefit to the London economy of more than £17,000 per annum for each affordable rental home provided. Read more on the Housing Excellence website.

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