Lack of social rented homes in London costing £7.7bn in lost social value, say housing associations
2024-06-11T10:00:00
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.