The asset management approach of housing associations
means six times as many new sub-market rented homes are built as are sold,
Savills’ research reveals. The findings come after housing associations
received criticism in some media for selling social housing out of the sector
for non-social housing use. Savills also found that the number of homes traded
between social housing providers has fallen 50% in the past six years. As a
result, Savills suggests “stock rationalisation should be higher on the agenda”
to maximise financial capacity to build more affordable homes. Read more on the
Savills website.
There’s no point building homes that people can’t afford | Letters
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