Well here are double dipped and once again we stagger from one crisis to the next, inducing new rounds of bailouts, austerity and privatisation, societies are being dispossessed of public goods built up over generations, generating deepening crises of everyday life; the government national housing strategy is failing, its not stimulating the economy or adding/supporting growth and the rich are getting richer.
The housing crisis takes 3 basic forms the rising rate of home loss caused by banks’ repossessing as home owners default on their now un payable mortgages; the shortages of affordable housing. Its worth noting that average wage levels have been almost stagnant for decades while the average price of buying and renting has gone up massively(welfare reform is not working) and a terrible economic forecast is (Not least the euro crisis) generating another factor - the low-rate of new house building. The number officially waiting for a council house or other social rented accommodation continuous to increase. The recent report from the three leading housing orgs states the Government is failing on 5 of its 10 housing indicators. Rising home loss, unaffordable housing and a shortage of a social housing directly feed into a third housing crisis – the growing scale of homelessness and rough sleeping.
The opportunity find extra cash and the possible removal of any regulation and less accountability – well lets look at other public utilities and their sell off – its just good business and even though Defend Housing must be clapping their hands as Privatisation of social housing is now here they have along with National Tenant and Resident Organisation and large third sector organisations including many large trade unions that fund the three major parties have done little collectively or individually to stop the governments direction of travel. The Big three have finally joined forces and been openly critical of the government’s failing national strategy but will they and other bodies bite back?????????????
As has been stated we are at the beginning of an end game for social housing as we know it.