Dialogue on Housing Priorities: A National Perspective

08/10/2024

Global Housing Inequality: Housing inequality is a worldwide issue, significantly influenced by global real estate development and investment. This skewed access and affordability contribute to major crises like the rise in noncommunicable diseases and the impacts of climate change.

We are at a critical juncture requiring swift decisions to change course, correct existing harm, or prevent further damage. Identifying the main drivers of harm and outlining priorities is essential.

The top priority is to increase the housing supply to mitigate the societal domino effect of rising temporary housing demand. Temporary housing costs local authorities £1.74 billion in 2022/23, a 62% increase over five years. With six local authorities declaring bankruptcy and 1 in 5 council leaders fearing financial collapse, it's crucial to address this surge, exacerbated by a 40% reduction in grant funding from Central Government between 2010 and 2020. Housing Secretary Michael Gove’s recent directive for councils to produce productivity plans is a step towards securing further funding.

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