Savills Annual Housing Seminar pitched social housing as
crucial to the future landscape of the housing sector. Speaking at the seminar
in London, Lord Best captured general sentiment when he urged for a regrowth of
the social housing sector. He said: “The social sector needs to build itself up
more dramatically. The private-rented sector has exceeded the capacity for what
it can do…We have to see a regrowth of the social sector.” Lord Best cited
figures showing that social housing has declined by half over a 50-year period
(currently 17% of housing supply), while there has been around a 100% increase
in the growth of the private-rented sector (currently around 20% of housing
supply). Read more on 24housing.
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