social rent

More than 150,000 homes for social rent lost in just five years

More than 150,000 of the most affordable rented homes have been lost across England in just five years, according to analysis from the Chartered Institute of Housing (CIH).

The organisation is predicting that loss will reach 230,000 by 2020 – making it increasingly difficult for people on lower incomes to access a decent home at a price they can afford.

CIH argues that ministers must focus on affordability as well as building more homes to fix the country’s broken housing market. The government should take an urgent look at shifting funding from the private market towards genuinely affordable housing, said chief executive Terrie Alafat CBE.