Effective and protected housing investment

Rachel Terry, Derek Joseph

The Government recently announced that the Housing Corporation will be asked to consider implementing flexible tenure in some circumstances and that a form of low-cost home ownership, Homebuy, will be extended from Wales to England

Further measures are being announced under the New Deal for Communities.

This study by HACAS suggests that this will be a first stage in rationalising the patchwork of housing subsidies and taxes that has developed historically. The research reveals the current system to be inadequate for maximising private investment in housing, making public investment effective, or encouraging practices that will protect housing investment in the long term.