The Housing Crisis

August 18, 2017
Contact: Anusha Dinakara Babu

 

 

The Housing Crisis affects us all in different ways. From people forced into homelessness to young couples who can’t afford children. From those who suffer long commutes to those who can’t afford to take the job they want. Cramped conditions, skimping on luxuries, an assetless generation, and simply because demand outstrips supply.

 

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The Stats

  • The number of people sleeping rough in the UK rose to 4134 in 2016, which is a 16% increase from the previous year
  • Home ownership has halved amongst young people since the early 90s
  • The average home now costs twice what it did in 2000. (Inflation adjusted.)

 

The Policies

  • Establish “Help to Rent” a government backed loan to help pay the tenancy deposit for all first-time renters under 30
  • Introduce a “Rent to own” model where rent payments contribute to home ownership
  • Build 10 garden cities and 300 000 new houses per year
  • Build on the green belts
  • Increased support for homelessness prevention and fund emergency accommodation
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