The new metro mayors are being “short changed” on
housing, according to a report by left-leaning thinktank the Smith
Institute. Its report, launched today,
found the six city regions which go to the polls to elect new mayors next month
face escalating housing shortages, particularly for those on low incomes. The
report estimates at least £2.2bn of grant funding is needed to provide social
housing in the regions. Greater Manchester is short by £831m, the West Midlands
by £945m, Liverpool City Region by £249m, and Cambridgeshire and Peterborough
by £162m. The current housing allocations provide virtually no funding for
low-cost housing in the city region. Read more on Inside Housing.
Tell us: have you given up on trying to buy your first home?
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We’d like to hear from people in the UK who have abandoned or delayed plans
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UK house prices rose for the first time in four...
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