Property News · January 7, 2017

Why we must make homes truly affordable for our key workers


There were stark warnings this week about the financial and social effects of teachers, nurses and emergency workers moving outHousing associations and councils can now apply for a share of a £7bn government fund to increase the supply of affordable homes – and it appears the building work can’t begin a moment too soon. A new report claims that a failure to provide homes that key workers can afford will lead to the financial and occupational “segregation” of the south-east and could cost the capital billions a year.London’s population is expected to grow to 9.8 million by the middle of the next decade. But without action, employees such as teachers, nurses and emergency service workers will leave the city, according to the joint study by the University of Westminster and housing charity Dolphin Living. Continue reading…

Source : theguardian.com
Read more…Why we must make homes truly affordable for our key workers

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