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The Institute for Public Policy Research Report – Housing Strategy
Monday, June 25, 2012
The Institute of Public Policy Research (IPPR) think tank has
continued its series of reports on housing with a new
publication entitled Together at Home: A new Strategy
for Housing. The IPPR states that: "Housing policy
has been piecemeal and disjointed across various departments under
Governments of all colours. To repair this, our report seeks to
offer a coherent new strategy for housing policy in the
round:
- First, we make a social argument for homeownership as a way
to foster mixed, stable, integrated communities. We suggest ways to
increase housing supply to make homeownership a more realistic
prospect for more people by reforming housing finance, the
development industry, planning policy and credit control. To build
now, we argue, is to invest in our future.
- Second, we propose a better deal for renters. This would
mean reasonable regulation of privately rented property, matched by
greater flexibility in social housing.
- Third, and most radically, we advocate a new form of
progressive localism in housing, through a system of
affordable housing grants. In doing so, we address directly how we
would change the way £25 billion of public money is spent each year
on housing: by decentralising power, resources and responsibility
in order to shift public spending, over time, away from benefits
and back towards bricks and mortar.
Labour Response to IPPR Report
Jack Dromey MP has
responded to the IPPR report Together at Home - A New
Strategy for Housing, stating:
"Britain is in the midst of the biggest housing crisis in a
generation. Millions are locked out of home ownership, languishing
on housing waiting lists or living in a private rented sector where
too many face ever-rising rents, unstable tenure and poor
standards. Labour is looking at housing as part of our Policy
Review. The IPPR proposals are a welcome contribution to the debate
and we will give the recommendations careful consideration.
Long-term reform is needed but, with the housing crisis growing by
the day, it is becoming increasingly clear that the Tory-led
Government's policies are making things worse, not better. The
Government needs to take action now and implement Labour's plan for
jobs and growth, including a bank bonus tax to fund 25,000
affordable homes and get the house building sector and economy
going again."