Seminar Shines Spotlight On Need For Social Housing

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.

https://www.24housing.co.uk/news/savills-seminar-shines-spotlight-on-need-for-social-housing/