10 things about 2012: part 1Posted: December 28, 2012 | |
The first of a two-part look back at the issues and people that I was blogging about in a momentous year for housing.
1) Private renting: a year of growth
I predicted in January that 2012 would see the private rented sector overtake social renting. As things turned out, I was wrong – but not by much. Whether you judge it by the number of homes or the number of households or the answers given by people in the Census, a combination of growth in buy to let, shrinking home ownership and the slow decline of social housing mean it will happen sooner rather than later.
It was also a year that the boundary between the two sectors continue to blur: social housing responded to the tenure shift as a series of social landlords from Thames Valley to L&Q launched private renting initiatives; private landlords like Grainger registered social housing subsidiaries; and the government approved proposals in the Montague report to kick start institutional investment in private renting.
Read the rest of this post on Inside Edge my blog for Inside Housing