Economic ally

Housing has gained an unexpected new ally in the battle to convince the government to fund more affordable new homes.

City broker Tullett Prebon is better known for its warnings of financial Armageddon and for shoot-from-the-hip appearances on the Today programme by its chief executive Terry Smith. It has even argued that financial austerity and severe cuts in public spending are a myth spun by the government to the bond markets.

But now a report by its global head of research Tim Morgan argues not only that a house building programme is one the few options left for the government, but also that it must be social housing funded by public investment.

Read the rest of this post at Inside Edge, my blog for Inside Housing


The road home

If the government can change the public borrowing rules for roads, why not for council housing?

The papers this morning (see here and here) have been briefed that the government growth package to be launched when parliament returns next month will include not just a housebuilding stimulus but a radical new plan to boost road building.

Read the rest of this post at Inside Edge, my blog for Inside Housing


End game

Originally posted as a blog for Inside Housing.

Policy Exchange is well known for its opposition to the Green Belt but that has not stopped it proposing what amounts to a Blue Belt in expensive areas of the country.

The influential right-wing think tank published a report this morning calling for social rented homes that become vacant expensive areas to be sold off to fund the construction of more homes in cheaper areas. Read the rest of this entry »


The Victorian values of Octavia Hill

Octavia Hill retains an extraordinary ability to inspire and infuriate. The ideas of this pioneer of housing management, social work and environmental protection almost seem more influential (and more contradictory) now than they did when she died 100 years ago this week.

She was a high-achieving woman in a society dominated by men but she was not by any stretch of the imagination a feminist. Her housing managers were women because, ‘ladies must do it, for it is detailed work; ladies must do it, for it is household work; it needs, moreover, persistent patience, gentleness, hope’. Yet she was opposed to women’s suffrage on the grounds that, as Kathryn Hughes puts it, ‘women were unsuited to thinking about the big issues of finance and foreign policy’.

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Credit crunch

If the Devil is in the detail then he is dancing a jig around the regulations for the universal credit and the benefit cap.

Ok, I am exaggerating for effect but by how much? Take a look at the response (PDF here) from the Council of Mortgage Lenders (CML) to the consultation by the Social Security Advisory committee that closed on the opening day of the Olympics and you decide.

Many of the same points are being made by the CIH, NHF and others but they have an added impact coming from the organisation representing lenders that have invested £60 billion in social housing and cannot be easily dismissed by ministers as coming from the ‘housing industry’. Read the rest of this entry »


Broken record

Even as the Olympics provide compelling evidence that Britain is not as broken as the government makes out, the anniversary of the riots is a reminder that it is not fixed either.

In the glow from the marvellous opening ceremony and the stellar performances of the athletes it’s easy to forget that we are a country in austerity and recession.  Perhaps that’s because we weren’t when we won the games and when the stadia and all the other facilities were funded.

The Olympics and the Paralympics that follow are like a holiday from the cuts, unemployment and welfare ‘reform’. The thousands of volunteers who are being hailed as a living embodiment of the Big Society are happily working for nothing for the common good rather than being made to work for nothing for private contractors. And the homes that will be built at the athletes village and on the Olympic park will be a lasting legacy of all that investment.

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Out for the count

It was seconds out, round 27 in the Commons yesterday in the housing stats war but where were the two main contenders?

Communities and local government questions has become a stats slugfest between Grant ‘Slasher’ Shapps in the blue trunks and Jack ‘Jabber’ Dromey in the red but yesterday as the theme music from Rocky began to play there were two new boxers in the spotlight. Given everything that’s been happening outside the ring – new and highly contentious stats on affordable housing and homelessness to argue about and an official complaint from Dromey to the referee – was I the only one in the crowd to feel let down?

Read the rest of this post at Inside Edge, my blog for Inside Housing


Big ideas

A radical new report out today challenges almost 40 years of orthodoxy about how we subsidise housing – and much more besides.

The think-tank Institute for Public Policy Research (IPPR) says it’s time to reverse the shift from bricks and mortar to personal subsidies that began in the 1970s and get back to building homes rather than subsidising rents.

It’s far from the only big idea in the report, which is part of the IPPR’s fundamental review of housing policy, but it is the most eye-catching. In the current spending review period we are spending £94 billon on housing benefit but only £4.5 billion on building new affordable homes. Is there a better way?

Read the rest of this post on Inside Edge, my blog for Inside Housing


Vanishing act

One of the stats most often quoted by Grant Shapps is that the social rented housing stock shrank by 421,000 homes under Labour. The real question is how much it will shrink under him.

The housing minister quoted the figure again this week when he was interviewed on the Today programme on Wednesday about the affordable housing figures (for more on them see my blog for Inside Housing here). His use of statistics is much discussed but on this particular one he’s right: social housing disappeared under Labour as right to buy and demolitions outnumbered construction of new homes. What he did not mention was that roughly twice as many homes disappeared under the Conservatives between 1979 and 1997.

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Mind the gap

Everywhere I’ve been in Manchester this week it’s hard to avoid falling into the gap between good intentions and cold reality.

It’s there in the underlying theme of the CIH conference (a decade of sector-led solutions) and attempts to find ways forward under continuing austerity as outside the conference chamber the underlying problems just keep getting worse.

Read the rest of this post on Inside Edge, my blog for Inside Housing.