Government policy has been squeezing private landlords, but one Labour MP thinks it could be just the solution to their problems. Sian Berry, a Green Party member of parliament from Brighton Pavilion, is calling on the government to "buy the supply" of housing from landlords.
Berry believes that buying up existing homes and renting them out can provide social housing for those in need. This approach would not only reduce the number of empty homes but also help to replenish the dwindling stock of council houses. The idea may seem counterintuitive, but Berry argues it's a faster and more cost-effective alternative to building new apartments.
The problem is that the existing system of finding land and building new homes has failed, and many families are struggling to find affordable housing. Over 169,000 children in England currently live in temporary accommodation, which can have long-term consequences for their health and well-being.
Berry thinks that landlords could benefit from this policy, as it would provide a soft landing after years of struggling with increasing costs and dwindling profits. Instead of seeing a steady rise in rents, they could become homeowners themselves. The MP believes that this approach would ultimately lead to greater housing security and happiness for renters.
Berry's comments have been backed up by the Office for Budget Responsibility, which warns that government policy squeezing private landlords "risks a steady long-term rise in rents if demand outstrips supply". However, she argues that there is always a need for a small rental market, but it doesn't have to come at the expense of social housing. By buying up existing homes, the government could provide more affordable and secure housing options for those who need them most.
Berry's plan may seem radical, but it's an idea worth exploring in these uncertain times. As the housing crisis continues to worsen, any solution that provides more affordable and secure housing options is welcome. Whether or not this approach works remains to be seen, but one thing is certain - something needs to change to address the crisis facing Britain's renters.
Berry believes that buying up existing homes and renting them out can provide social housing for those in need. This approach would not only reduce the number of empty homes but also help to replenish the dwindling stock of council houses. The idea may seem counterintuitive, but Berry argues it's a faster and more cost-effective alternative to building new apartments.
The problem is that the existing system of finding land and building new homes has failed, and many families are struggling to find affordable housing. Over 169,000 children in England currently live in temporary accommodation, which can have long-term consequences for their health and well-being.
Berry thinks that landlords could benefit from this policy, as it would provide a soft landing after years of struggling with increasing costs and dwindling profits. Instead of seeing a steady rise in rents, they could become homeowners themselves. The MP believes that this approach would ultimately lead to greater housing security and happiness for renters.
Berry's comments have been backed up by the Office for Budget Responsibility, which warns that government policy squeezing private landlords "risks a steady long-term rise in rents if demand outstrips supply". However, she argues that there is always a need for a small rental market, but it doesn't have to come at the expense of social housing. By buying up existing homes, the government could provide more affordable and secure housing options for those who need them most.
Berry's plan may seem radical, but it's an idea worth exploring in these uncertain times. As the housing crisis continues to worsen, any solution that provides more affordable and secure housing options is welcome. Whether or not this approach works remains to be seen, but one thing is certain - something needs to change to address the crisis facing Britain's renters.