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Wayne Mellor

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Great insight 👍 Still no reference to what the plan is to resolve the one million plus people on the Hiusing waiting list for Social Housing provisions post the introduction of right to buy circa 30 years ago ? Local Councils say the Social Housing requirements are being met by their Strategic Pattnerships with RP’s. The reality is that only circa 8% of all homes built by RP’s are for Social Tenure. So the million plus people continue to be housed in Hostels, B&B’s and low standard hotels but at what cost ? Why is this cost not published by each respective Council to enable an assessment of debt serviceability for the cost of new Social Hiusing be that the Council themselves or Privately Funded on long term leases at yields which would attract investment Funds to engage ? My gut tells me the New Homes route would be far more cost effective in the longer run along with substantial improvements on the people’s welfare that such an initative would look to serve ? However, It’s like this segment (Social Housing) of the population are the ‘Forgotten’ people and no Local Council or Central government initiatives seem to exist to address this ‘hot potato’ which will just keep on growing 🥲 Rant over 😇🙏

From: Wayne Mellor 16 March 2023 08:43 AM

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