Monday, 3 October 2016

Council House-Building Renaissance Would Save Post-Brexit Britain Billions

Building 100,000 social rent homes a year would save the country billions whatever happens to the economy post-Brexit according to new research by a group of housing organisations. Analysing potential future direction for borrowing costs and economic growth, the new analysis Building New Social Rent Homes An Updated Economic Appraisal presents four scenarios for the economy post-Brexit (“Britain becomes Japan”; “Back to the 1970s”, “Strong Economic Growth” and “Capacity Constraints”). The research finds that in each of the scenarios funding new social housing would deliver long term savings to the Government of up to £300 billion. Download the report from the NFA website.

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