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Making Housing more Affordable: The role of intermediate by Sarah Monk, Christine Whitehead

24 February 2017 adminReal Estate

By Sarah Monk, Christine Whitehead

The circulation clear of conventional rented techniques to assembly the housing wishes of these on modest earning has taken on new momentum within the most modern financial cycle.€. This publication solutions many of the questions round reasonable housing and coffee rate domestic possession, and even if those intermediate tenures have the capability to play an extended time period function in attaining sustainable housing markets. The editors make clear the foundations on which the improvement of cheap housing and intermediate tenures has been established; examine the coverage tools used to enforce those principles; and make a preliminar. learn more... Making Housing more cost-effective; Contents; individuals; Foreword; Acknowledgements; thesaurus; 1 creation; part A: what's INTERMEDIATE HOUSING?; part B: MEASURING the matter; part C: SECURING INTERMEDIATE HOUSING; part D: WHO merits FROM INTERMEDIATE HOUSING?; part E: INTERMEDIATE HOUSING AND THE economic climate; Appendix 1 the goods; Appendix 2 Definitions of intermediate housing to be used in negotiating making plans duties; References; Index

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Additional info for Making Housing more Affordable: The role of intermediate tenures (Real Estate Issues)

Sample text

For example, with respect to security of tenure, both social housing and owner-occupation can offer lifetime security, yet both exclude many households who would value and benefit from that security. Private renting for new tenants in England, however, provides nothing other than a three-month contract. Both cost rental and partial ownership, at least in principle, can offer longer-term security and rights more consistent with social renting and owner-occupation. Intermediate tenures can thus help to fill gaps, which may not be inherent but are often the outcome of particular circumstances.

Again, in principle, any set of attributes and any location could be made available in any tenures. However, constraints on access to the social rented sector and differences in the costs of management of different types of dwelling – notably with respect to single-family homes versus apartment blocks with communal areas – mean that tenure is strongly related to dwelling type and thus, often, to location. Most obviously, where only three out of every ten dwellings are in the rented sector, as in England, there are likely to be gaps in rented housing provision.

In the marketplace it is usually assumed that any price that people are prepared to pay is affordable – even if it means that the households involved go without some of the other necessities of life. In the policy context, however, it is generally used in the context of ‘a decent home for every household at a price they can afford’. It therefore carries with it the assumption that those households whose housing circumstances fall below that level either in terms of housing access and quality or being able to afford the other necessities of life require some form of government intervention.

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