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These are exciting times in social housing. Nothing happens for ages then a whole series of reviews, consultations and ministerial changes come along at once. We face the prospect of a new independent regulator that promises to put tenants first and a new regeneration and housing agency, Communities England. The new Prime Minister has already pledged to make housing a priority and his Housing Minister, Yvette Cooper, will sit in Cabinet for the first time in a generation. Let’s hope that this commitment is reflected in the next comprehensive spending review scheduled for this autumn by making housing one of the Government’s three main priorities alongside education and health.
Gordon Brown has recognised that the housing market in the UK is not working. An increasing number of young people, families and working people are unable to afford their own home, and at the same time affordable rented housing is in short supply. New houses are being built at a rate of around 180,000 a year but the projected rate of household growth is at around 210,000 a year.
As housing professionals we have no immediate influence on house price inflation and we can’t change the fact that both homeowners and investors use their property assets as a way to plan for retirement. But what we can do is to lobby for more houses to be built to meet the needs of all members of society, whether to buy or to rent, for families as well as for single people, for the better off and the less well off. We must also make best use of the housing that already exists and therefore give people much more choice in where they live. More geographical mobility will allow more people to take up training and employment opportunities and help them move on with their lives, and keep the whole economy moving too. Let’s hope Gordon Brown’s new Government supports us in meeting this challenge.