Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date14/06/2012
Author
Published ByJRF
Edited BySuneela Farooqi
Uncategorized

Housing Options and Solutions for Young People in U.K

Recent economic, social, and political change has generated greater uncertainty in the housing options of young people. The recession has also highlighted challenges such as the lack of available credit and high youth unemployment. Without a sustained and long-term increase in new housing supply, demand side initiatives to bridge the deposit gap for aspiring homeowners risk maintaining the inflated house prices they are meant to overcome. Three groups of young people are increasingly marginalized in the UK housing system: young families, those on low incomes, and those who are vulnerable due to their support needs; the push of these groups towards private rented housing requires a renewed focus on improving the supply, quality, and stability of housing in both the private and social rented sectors.

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