public-sector housing

Rising land and construction costs, gentrification, fewer sources of public-sector housing investment and subsidy, and conversion of existing units from below-market to market-rate have contributed to the steady decline of affordable housing opportunities.

The connection between the lack of housebuilding and the swelling bill for subsidised rents is all too obvious, and the blame for neglect of public-sector housing lies at the door of successive Conservative and Labour governments.