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annaclarke.bsky.social
Policy and Public Affairs at The Housing Forum. Interested in UK housing policy, planning, economics, housebuilding, energy, social policy. Views are my own. Cambridge based. https://housingforum.org.uk/
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Good thread here on why GenZ think they're worse off than their parents but mostly aren't. But measuring housing by the proportion of income spent on it isn't the right approach. You need to look at what that buys you - and it's buying less today (eg a room in a shared house, not a flat).

Sales of more expensive houses have slowed down so much that ONS have had to revise their average house price methodology. Likely causes: - 'Race for space' during covid very much over - Stamp duty gumming up the market. www.thisismoney.co.uk/money/mortga...

The costs of this modular home are similar (per sqm) to a regular house. But there is potential to use them to accommodate homeless families because they are: - quicker to make - moveable - ie can go on land that's only available for a few years, then be moved.

That's 31 blocks of flats - around 6,000 new homes, including social housing - empty because the government tried to outsource the new process of signing off on building safety. This failed, so they had to take it all back in house. - Meanwhile 100,000+ families stuck in temporary accommodation.

It's a good question to ask. The changes made to discounts and eligibility will probably reduce sales to a trickle. But - crucially - by avoiding the primary legislation needed to end the RTB, it's left really easy for a future government to reverse the changes to bring it back at scale.