The RICS Housing Commission has formed recommendations for what government and industry should do to drive investment in affordable housing and ultimately build the right homes for everyone in the UK.
The Commission, chaired by Michael Newey, took practical evidence from the property profession, the not-for-profit housing sector, investors, developers, stakeholders and public interest bodies.
This conclusive report, launched on Monday 24 June 2013, was delivered to the UK Housing Minister and the Shadow Housing Minister to help formulate policies to address the country’s housing crisis in the short term and manifesto commitments ahead of the 2015 election. In addition It has also been sent to the Scottish Housing Minister and shadow housing spokespersons in the Scottish Parliament.
Commission took evidence, and has provided recommendations, in key areas:
- Effective subsidies
- Improving stock quality
- Land availability
- Facilitating investment in the rental sector.
Arriving in close proximity to the Comprehensive Spending Review, this is also a timely opportunity to consider what the Chancellor will be doing to deliver investment in affordable housing – is the answer more capital spending or more innovation in investment wrappers?
You can download the report below.
The RICS Housing Commission called on RICS members and property sector experts to submit written evidence of practical examples of initiatives that would help boost the number of homes across the country. The Commission also took oral evidence from the various parties in the sector, including: the property profession, the not-for-profit housing sector, investors, developers, stakeholders and public interest bodies.
The breadth of knowledge across all aspects of the sector gave the Commission a unique opportunity to consider housing delivery from a holistic perspective and truly understand how each part of the sector impacts on the other.
Please contact Hew Edgar (e email@example.com).
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