The housing market is broken so it’s encouraging to see the government getting on the front foot. Putting social housing at the top of the agenda is a welcome move from the secretary of state and the sector will await the green paper with interest.
There is a growing need for more choice in the market. The industry has gone through a significant transformation in recent years and it is now well-placed to play a role in solving the affordability crisis – through vital tenures like shared ownership and the provision of affordable rent.
As our recent research showed, there are still widespread misconceptions over how shared ownership works and the sector and government need to work together to provide a range of housing options that work for everyone in society.