To be replaced no doubt by unaffordable affordable housing – where housing benefit will go directly to landlords.
“More than 120,000 socially rented homes will be lost in the next four years, according to a forecast published today by the Chartered Institute for Housing.
The CIH’s projection follows the release of figures from the government last week, showing that over 120,000 homes available at social rent have already been lost between 2012 and 2016.
If the forecast is accurate, it would mean a loss of almost 250,000 socially rented homes – 6% of social housing stock – between 2012 and 2020.
According to the CIH projections, 72,000 of the social rent losses between 2017 and 2020 will be from local authority housing, and a further 50,000 will be from housing associations.
The organisation expects the housing to be lost through demolitions, the sale of high-value homes, sales through the Right to Buy scheme, and conversions of properties from social rent to more expensive “affordable” rent. The projected number of new social rent builds from 2017 to 2020 is 14,000 in total. …”