Last Thursday (23rd April) I gave a presentation to the Hove Civic Society on the supply of affordable housing to buy and to rent in Brighton and Hove. I have prepared four bite size summaries of my presentation:
- The scale of the problem
- The need to build build build
- The economic consequences of current housing policy
- The need to end, not extend, the Right to Buy.
Today, the need to end, not extend, the Right to Buy.
We must end, not extend, the Right to Buy. It does not address housing need. It sees a reduction in social housing numbers. It benefits those who are already well-placed. It could cost up to £11.6 billion according to the National Housing Federation.
The Right to Buy doesn’t help private renters. It doesn’t help people on council waiting lists. It doesn’t help young people living with their parents. It does nothing to address affordability. The £11.6 billion subsidy could achieve so much more.
57% of voters think that extending the Right to Buy to housing association tenants is the wrong priority. This includes 44% of Conservative votes, according to a poll carried out in April by YouGov.
The large housing associations are doing little to provide homes for rent. In fact, housing associations are planning to develop less than 20 homes in Brighton & Hove at social rent levels in the next 3 years. That is a scandal and must change.
We need politicians with vision and courage who will build, who will invest in house building for rent, and who will end, not extend, the Right to Buy.