Housing Shortage Fingertip Facts

From Campaign Labour
Jump to navigation Jump to search


Fingertip Facts.png

Share

Fingertip Facts
Main Page

See All Facts
On Single Page


Click on a fingertip fact to link to the source data

Gentrification FF.jpg

Council Estates are going through re-generation

Estates have become a target for private developers

Following redevelopment there are much less homes for council tenants

In London alone there has been a nett loss of over 4000 social homes in developments completed in the last 15 years

London schemes that have planning permission will result in the loss of 7600 social homes in the next 10 years

118 estated are earmarked for or undergoing re-generation in the next 5 years, affecting 31,000 residents

Over 80 estates are planned to be either fully or partially demolished

Heygate estate was demolished and replaced by elephant park, a luxury apartment development. This lead to the loss of 3000 social homes of which only 82 were replaced

Profitability is the benchmark on whether a scheme will go forward, not the need for social housing

Inflation in the housing market has also impacted students

Along with student fee debts, the lack of a maintenance grant for students has lead to a growing number of students being in rent arrears

The situation is worsened as universities move away from providing student halls and private investors have moved in

Investors have focused on purpose built student accomodation, which is not suitable for the wider market

With the profit factor added to the supply, then prices will be set to attain the highest possible profit based on market conditions

More than 17,000 students living in university halls of residence fell behind with their rent payments in the year 2017, according to figures that suggest thousands more face financial hardship during their courses

A small but rising number of students are also being evicted from halls or having their tenancies cancelled after falling behind with payments

97 students were evicted from halls in the last year, more than double the 40 who had their tenancies cancelled the previous year

About 17,300 students living in university halls fell into rental arrears in 2017


Manifesto front page FF.PNG


Join
Click here to go to the Labour party join up page
Follow Campaign Wiki
F icon.svg Twitterclw.png
Contact us
Email Admin