Lack of social rented homes in London costing £7.7bn in lost social value, say housing associations

London skyline shutterstock_243410305

New research aims to quantify economic and social benefits of social rented homes

The UK is missing out on £7.7bn in social and economic value because of a failure to build social rented housing in London, research by the G15 group of housing associations has found.

 The study, carried out using Hyde and consultancy Sonnet Impact’s Value of a Social Tenancy (VoST) Model, is the first to attempt to quantify the economic and social contributions of social housing across the whole of the capital.

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