Housing - Shortages
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Click on a fingertip fact to link to the source data
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
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
