“Housing money wasted ‘propping up rents’ “

“Taxpayers’ money is being wasted on “propping up rents” in a “failing housing market”, a report says.

The National Housing Federation report highlights how money spent on housing benefit rose from £16.6bn in the mid-1990s to £25.1bn in 2015-16.

It added that since 2011, no government money has been made available to build homes in England for low paid people to rent.

The government said building more homes was its absolute priority.
A Department for Communities and Local Government (DCLG) spokesman said it was continuing to work closely with the sector.

But the report from the federation, which represents housing associations and social landlords, says housing someone in a private rented property costs £21 a week more than housing them in a social rent property, on average.

Its chief executive David Orr said this was “poor value for the taxpayer” and had “a knock-on effect, with everyone struggling to rent or buy”.
“We know we need more, better quality social housing. And yet, rather than putting public money into building the homes we need, we are propping up rents in a failing market.” …”

http://www.bbc.co.uk/news/education-41309316

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