I'm not an expert on this but isn't affordable rent also aimed at working people who don’t have a high income to be able to purchase a property?
I'm 38, not married, I work, I have no children but I don't earn mega bucks and it’s a real struggle. I'm stuck in a limbo of buying and private rent.
I have been looking into part share part buy but cannot save enough money while paying huge rents so for me the "affordable rent/intermediate rent" was my only option, pay a little less rent and be able to save towards the part rent part buys scheme.
I don't have rich parents who can bail me out with deposits. I'm on my own and I don't want to go have a baby or have an addiction just to be able to have a "home".
This affordable rent for people like me is a good thing, I believe. It also gives money back into the council’s budgets etc rather than them just providing housing to people who then claim from the tax payer to pay rent.
But maybe it is more complex than I realise..?