Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Charity predicts collapse in housing market if government does not act to turn schemes into social housing
Housebuilding rates could collapse unless the government intervenes to get the market moving, the Joseph Rowntree Foundation said today.
A report from the charity said the government should keep build rates up by funding councils, housing associations and others to buy stalled sites from developers and repurpose the schemes as social housing.
The report says the purchases could be funded from expected Homes England underspend on its social housing grant programme.
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