Friday, 22 September 2017

Spending Social Housing Is At A Record Low

Spending on social housing is at a record low, while the amount forked out in housing benefit to private landlords continues to rise, a new study shows.  The amount spent on building homes for a growing population has more than halved from £11.4 billion in 2009 to £5.3bn in 2015, according to a new NHF report. More than a million households are on housing waiting lists and the problem will get worse unless the government is prepared “to make a break from the past”. The sum spent on housing benefit has risen over the last 20 years from £16.6bn to £25.1bn. The yearly amount going to private landlords has almost doubled over the last decade to £9.1 billion in 2015-16. Read more on the Morning Star website.

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