Advisory Center for Affordable Settlements & Housing

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The Economic Impact of Investment in Affordable Housing

The economic benefits from investment in affordable housing are wide and varied. Not only are they felt by the individual – through having a secure, energy-efficient, affordable home – but also by those employed directly in the house building industry. Benefits extend to government: providing sufficient affordable housing has the potential to reduce the housing benefit bill over the long-term, as well as create stable environments in which to achieve other health and social justice outcomes. Indeed, the Scottish Government itself highlights the importance of the affordable housing supply program in its economic strategy. This seems to be cutting through at a political level, with Nicola Sturgeon recently committing to spend £3 billion on affordable housing over the course of the next parliament if re-elected at the 2016 Scottish elections.

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