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Housing price and investment dynamics in Finland
Posted on: 14 June 2012
By: mackene
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Filed under: News
This paper from the OECD uses a small econometric model to assess the role of fundamentals in housing price and investment developments in Finland. The paper describes institutional characteristics of the Finnish housing market that bear on house price volatility and supply responsiveness. These relate to the structure of tenures, housing taxation and subsidies, social housing, financing, land-use planning, and competition in the construction industry.
Housing options and solutions for young people in 2020
Posted on: 13 June 2012
By: mackene
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The Joseph Rowntree Foundation has published a report which aims to inform the development of housing policy and practice by identifying the key challenges likely to face young people who will be aged 18–30 in 2020. It claims that a ‘three-tier’ system of people racing to find private rented accommodation will be created: those at the top able to pay, the ‘squeezed middle’ and 400,000 at the bottom who could well miss out on finding accommodation altogether.
National housing statistics
Posted on: 13 June 2012
By: mackene
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The figures in this release from the Homes and Communities Agency show the supply of homes delivered under the Accelerated Land Disposal Programme, the 2011-15 Affordable Homes Programme (including the Affordable Homes Programme, Empty Homes, Homelessness Change and Traveller Pitch Funding), the Economic Assets Programme, FirstBuy, the Kickstart Housing Delivery Programme, the Local Authority New Build Programme, Mortgage Rescue, the National Affordable Housing Programme and the Property and Regeneration Programme.
Social Housing Regulatory Sector Risk Profile
Posted on: 13 June 2012
By: mackene
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The Regulation Committee at the Homes and Communities Agency has published its Sector Risk Profile. The document covers high profile issues that the housing sector faces including the impact of risks on providers’ business models, including how they drive value for money; the availability of finance and associated development risk; and the overall effect of varied risks on financial viability. It aims to present them in a way to encourage providers to think about the interdependences between risks, which will affect all providers in different combinations.
Understanding the second hand market for shared ownership properties,
Posted on: 12 June 2012
By: mackene
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This report, published by the University of Cambridge for housing association Thames Valley Housing, argues that shared ownership is a long term-tenure for the majority of households involved. Drawing on a survey of housing associations, focus groups with shared owners and interviews with mortgage lenders and other stakeholders, this report examines the functioning of the second-hand market for shared ownership homes in England. The research also examines the practice of ‘staircasing’, whereby a shared owner may purchase additional shares of their home.
Housing in transition: Understanding the dynamics of tenure change
Posted on: 11 June 2012
By: mackene
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The first part of this report looks back at tenure change between 1993/94 and 2009/10, using the Government’s Survey of English Housing and its successor the English Housing Survey. This historical look breaks the data down by tenure, region, household type and income. The second part projects trends forward to 2025, and it explores how tenure structures may develop under different economic scenarios. It reports on the core findings based on two scenarios, a continuing weak economy and a cautiously slow economic expansion from the current low base.
Housing the Nation
Posted on: 11 June 2012
By: mackene
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The Local Government Association has launched a Housing the Nation campaign which seeks to persuade government of the need to give councils greater freedoms and financial control over house building.
The growth of in-work Housing Benefit claimants: Evidence and policy implications
Posted on: 1 June 2012
By: mackene
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This research analyses the growth of Housing Benefit claimants numbers in Great Britain in 2010 and 2011. Particular attention is paid to the rapid growth in the number of in-work Housing Benefit claimants. The research also provides a brief review of the factors that could be leading to a change in the financial position of these households which means that they are claiming Housing Benefit to help cover their housing costs.
RICS Residential Policy
Posted on: 1 June 2012
By: mackene
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Following consultation with members, RICS has published a new policy document which lays out RICS policy for all aspects of the residential sector. It makes recommendations to Government and the sector to deliver the legislation, policy and regulation that will create a vibrant and sustainable land and construction sector.
Disposing of land
Posted on: 31 May 2012
By: mackene
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Revised guidance on the selling of vacant social housing homes has been published by the Homes and Communities Agency. It provides guidance on the revised procedures for gaining the Regulator’s consent to the disposal of social housing and other land, and introduces changes to the process by which the Regulator will approve programmes of disposals.
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