What we are thinking about on the Affordable Housing Commission
Posted on June 27, 2019 in Uncategorized
The Affordable Housing Commission (AHC) was set up in the autumn of 2018.
Chaired by Lord Best, supported by the Smith Institute and involving some 15 commissioners, we are examining the causes and effects of the housing affordability crisis and proposing workable solutions to build a consensus for change.
Defining and measuring affordability is a key challenge. The current definition of “rents or purchase costs that are lower than in the open market place” is misleading. The concept of ‘affordable’ rents being 80% of market rents is a joke, but not a funny one.
