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Showing posts with the label housing

Rents Hit Record Highs - it's time for controls

  It’s time for an informed debate on rent controls.  The laissez-faire, competitive market approach in the privately rented sector has demonstrably failed - as average private rents in Britain have climbed to record highs, renters are suffering and excessively high rents create a drain on the economy. Property website Rightmove has said that in May this year, the typical advertised rent outside London reached a record £1,316 a calendar month. In London it was £2,652 a month – almost three times the £894 asked for in north-east England. Rightmove said the average advertised rent outside London in May was an inflation-busting 7% higher than a year earlier. This leads those in the property industry with a vested interest to argue for an increase in supply. But it’s economically illiterate to believe that simply adding more privately rented housing will bring rents down. We need to look seriously at rent controls. Rent control policies vary widely across European countries, with ...

Green Ambitions, Stalling Reality: Can the Market Deliver Clean Energy?

  Soaring renewable energy installations masked a harsh truth in 2023: the clean energy transition is faltering. Fossil fuel use continues to climb, with China shouldering most of the renewables burden. China's secret? State-owned companies prioritise national goals over profit, driving massive clean energy projects. The West, reliant on profit-driven private enterprise, struggles. Renewable energy offers modest returns, a stark contrast to traditional energy sources. Intense competition further squeezes profits. Subsidies keep the West's renewables afloat, but don't guarantee strong profits. As the Earth heats inexorably, Governments face a stark choice: accept the failure of the free market for clean energy, or embrace climate catastrophe

Reimagining Progress: Beyond Growth

  Progress has been a simple equation: economic growth measured by GDP. The endless upward climb promised solutions to everything from poverty to pollution. But the reality hasn't lived up to the promise. It's time to redefine progress before the changing climate becomes irreversible. The Allure of Growth Growth is appealing. We see it in thriving gardens and children reaching their full potential. No wonder we embraced it as the economic ideal, adopting the "more is better" mantra. Yet, nature teaches us that endless growth is unsustainable. Everything eventually reaches maturity, focusing on health and well-being rather than constant expansion. As Janine Benyus, a pioneer in biomimicry , reminds us, trees prioritise distributing resources to their entire being, stopping growth once that function is compromised. The Growth Addiction Cheap fossil fuels in the 20th century fueled rapid growth, which became ingrained in our economic systems. This has led to policies – ...

A National Scandal: Empty Homes and the Housing Crisis

Everyone deserves a safe and secure place to call home. Yet in England today, a growing number of people struggle to access this basic need. While hundreds of thousands of properties sit empty, the housing crisis deepens. A Growing Problem, a Missed Opportunity But there's a glimmer of hope. Studies show that repurposing empty properties could create up to 40,000 affordable homes within four years. It wouldn't solve everything, but it would offer a lifeline to countless individuals on the brink of homelessness. This is a wasted opportunity. No one should face homelessness when solutions exist. Families with children are crammed into single rooms, forced to prepare for work in drafty cars, or uprooted from jobs and support networks due to a lack of affordable options. The government's inaction on empty properties is unacceptable. Long-term empty homes, vacant for over six months, have skyrocketed to over 248,000 – a 24% increase in just six years. This coincides with recor...

Opinion: Labour won’t deliver 300,000 new homes

Following the debate about how many houses are needed in the UK, industry-expert Peter Brown directs our attention to a topic this argument could be overshadowing. The debate around how many new homes are  needed  misjudges the big issue – a new Labour government will struggle to increase housing completions for sale and for rent. Public services are failing, satisfaction rates are at record lows and waiting lists are soaring. Focusing on hospitals, schools and the courts,  the IPPR  claimed that public services won’t return to acceptable levels of quality until the 2030s and that the post-election government will inherit one of the most challenging contexts of any government since the Second World War. In October, at the Labour Party conference Keir Starmer’s pledged 1.5 million homes over the next parliament and conference was  told  that a Labour government will “deliver the biggest boost in affordable and social housing for a generation”. Yet despite a ...

Who is Gagging Tenants?

Khan is right - Tory voter ID plans gag the poorest. But it’s not just in London. Here's what we can do about it ' On New Years’ Eve, Sadiq Kahn warned that a new wave of hard right populism could see Susan Hall in London’s City Hall. And the new requirement for voter identification at the ballot box might accelerate this trend. He’s right, but it’s not just London that is affected.  The voter identification requirements deliberately make it more difficult for those who traditionally support Labour, to vote.  After the 2019 General Election, IPSOS estimated how voters voted. Their results came as no surprise, Labour had a 43 point lead among voters aged 18-24, but the biggest change was among 35-54 year olds, who saw a three point rise in the Conservatives’ vote share and 11 point fall for Labour. There was a gender gap, with the Conservatives ahead of Labour by 15 points among men, and by nine points among women. Among BME voters, Labour led the Conservatives by 64% to 20%...

Slavery and the Origins of Social Housing

The horrific death of George Floyd in May 2020 and the subsequent Black Lives Matter movement shone a spotlight on systemic discrimination within organisations. Since then many have been examining their roots to identify whether they are founded on racism. Social housing has that same responsibility, and it may help us understand why racial discrimination persists in current activities and practices.   The Transtlantic Slave Trade saw 12 - 12.5 million people transported from central and west Africa to the Americas where they were put to work growing crops such as sugar, cocoa, coffee, cotton and tobacco. As property, the people were considered merchandise or units of labour, and were sold at markets with other goods and services.   These crops generated vast wealth for many traders in Europe, and from 1769 to 1853 Britain dominated. After the Slavery Abolition Act of 1833 the following decades saw slave trading gradually reduce. How could this atrocious period in our hi...