Britain needs 3.1 million homes in the next two decades to deal with the housing crisis – that’s the verdict of Shelter’s Social Housing Commission.
The 16 commissioners – including former Labour leader Ed Miliband, Baroness Sayeeda Warsi and Big Issue favourite and artist David Tovey – delivered their final report yesterday, recommending that the government doubles down on building social homes after just 6,463 were built last year.
“The Commission is also calling for a stronger voice for tenants, and a new regulator working across social and private renting to protect residents and enforce standards.” We should all support that. @Shelter A Vision For Social Housing – Shelter England https://t.co/GnstRSR8i5
— Tom Murtha (@tomemurtha) January 8, 2019
To fill the gap, more than 1.27m homes will be needed for homeless people, ill health and to replace homes that are not fit for habitation while 691,000 will be needed for older renters.
Shelter’s commission suggest that £10.7bn will be needed annually over the next 20 years to fund these homes but will deliver a return on investment in 39 years, especially when compared to the £21bn and £62bn spent every year on housing benefit and capital expenditure respectively.
Speaking at yesterday’s launch, Miliband told the government “the time to act is now” in no uncertain terms.