The term affordable housing has always sustained public rental housing and evokes images of disaster, of sub-standard housing. Today, affordable housing includes a wide range of choices depending on the various personal and financial conditions and is associated with shared ownership, part buy part rent, buy properties and shared equity.
The introduction of shared ownership London was very successful, because it is a vital form of affordable housing. Supported by government’s own shared ownership scheme called Homebuy Direct it is a serious alternative for the UK population to relocate to decent housing: housing, they can possibly afford and like it, rather than just the housing they have to choose.
It is supposedly a new era in British politics, an age of social responsibility and inclusion, the drastic inequalities present in the housing market are more than aggravation. The housing market has discouraged many people buy a house outright and people are demanding more options. Anyway, the Government should supply the issue of affordable housing because the average British people, the people for whom it has been created are finding it difficult to achieve this aspiration.
As the new government abandoned the goals of central planning and given control back to local authorities, the provision of new housing in many areas has become a lower priority and plans are on hold. Providing affordable housing and support for the construction industry is a trick being missed by the government in its efforts to develop a new and inclusive society, and that’s something that could ultimately be the downfall of all big ideas we’ve heard so much about in recent months. It is detrimental to developers who are unable to build more houses and maintain jobs. People have no incentive to change their lifestyle without affordable housing, without shared ownership that are essential and meaningful in this period. Today the situation should be changed.